Iranian Parliament Approves Increases In Domestic FuelPrices
The Iranian parliament has approved a bill to increasedomestic petroleum product prices which will take effect in the new Iranianyear 1378 (beginning 21 March 1999). Domestic consumption is estimated ataround 1.4mn b/d. The price of super (or regular) gasoline was increased by 75%to IR300/liter. President Mohammad Khatami痴 government had proposed that theprice of gasoline be raised to IR750/liter,...