Iran Raises Domestic Product Prices
The Iranian Government has raised the price of domestic petroleum products, effective 5April, in line with a 1994 Majlis (parliament) decree to reduce subsidies on fuels duringthe country's second five-year plan (1995-1999). Iran's domestic consumption is estimatedto be around 1.35mn b/d. Regular and lead-free gasoline was increased by IR40 toIR200/liter; premium gasoline was raised by IR60 to IR280/liter; gas oil (diesel)...
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