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The rise in petrol prices sparked mass protests in Iran

Digest

Iran introduced gasoline rationing and raised the price by at least 50 percent on Friday, saying that the move is aimed at rendering assistance to needy citizens through the redistribution of cash.

The rise in petrol prices sparked mass protests in Iran

In cities across Iran, held a protest against a 2-fold increase in gasoline prices, according to the state news Agency IRNA on Saturday. From November 15 Iran has also imposed quotas for retail sales of fuel. The Iranian authorities stated that they have taken measures directed on rendering assistance to needy citizens.

gasoline Prices in most of the Iranian gas station on Saturday morning increased by 50%, from 15 thousand Iranian rials (about 30 cents) to 30 thousand by Half (to 15 thousand Iranian rials) and increased preferential price of gasoline in the framework of the quota for each person. Under the new rules, car owners at this price will get up to 60 liters of gasoline per month, motorcycle owners — 25 L. To pay a quota of 400 L.

it is Expected that this measure will bring 300 trillion rials (of 2.55 billion U.S. dollars) in the budget of the country, said on state television the head of the Organization for planning and budget of Iran, Mohammad Bagher Nobakht.

Friday night, the most violent clashes occurred in Sirjan, Central Iran, when protesters attacked a warehouse of storage of fuel in the city and tried to set it on fire, reported the news Agency. The intervention of the police saved the city from disaster.

IRNA reports that "scattered" protests also erupted in other cities, including Mashhad, Birjand, Ahwaz, Gachsaran, Abadan, Khoramshahr, Mahshahr, Shiraz and Bandar Abbas.

By nightfall, the protests had subsided, but this morning, 16 November, has resumed. Information about victims or victims did not arrive yet.

Iran's Economy has suffered since last may when the President, Donald trump unilaterally withdrew the United States nuclear agreement in 2015 and renewed the sanctions regime.

the exchange rate of the Riyal fell sharply against the U.S. dollar, inflation currently stands at more than 40%, and the international monetary Fund predicts that the troubled economy will shrink by nine percent this year and stagnating in 2020.

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