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News · Commodity · Iran

Government spokesperson says a decision to rebalance petrol is settled, but the method has not been announced

28 July 2026 · 2 months ago

The government spokesperson said a decision to rebalance the petrol situation has been settled, but that it is not yet clear whether it will be implemented through a price increase, a change in quotas, or a combination of the two. The remarks were published on Tuesday 28 July 2026 (6 Mordad 1405).

Petrol pricing and rationing policy is one of the macroeconomic variables in Iran's economy, affecting both the government budget and the implicit energy subsidy, and household inflation expectations. The implementation details of this decision remain unknown until an official announcement, and figures circulating in public discussion have no official basis.

Source:Eghtesad OnlineThe source text

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