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News | Commodity | Iran

Iran's Fuel Distributor Reports Gasoline Demand Growth Has Stalled in Early Aban

Sahmino Newsroom | 3 November 2026 | 12 days ago

Karamat Veis-Karami, head of Iran's national fuel distributor, said in a report published on Monday evening, November 2, 2026, that gasoline consumption in the opening days of Aban had stopped growing compared with the same period a year earlier and had edged down. He attributed the shift to price and non-price demand measures; the report is the company's reading of consumption, not a separate measurement of each measure's contribution.

Archive image published with Mehr's report on gasoline demand

Archive image accompanying Mehr's gasoline-demand report, November 2, 2026

Archive photo | Source: Mehr News

Veis-Karami said the government is pushing greater use of personal fuel cards and compressed natural gas in transport. He said savings from demand management have been earmarked for higher food-credit allowances. The reported change in consumption is distinct from the government's future demand targets.

Sahmino context

What the prices have done since this story was published, and what Sahmino wrote around it

Over the same days, Brent Crude fell 7.5 percent, to 96.55 dollars.

Over the same days, Gold ounce fell 1.0 percent, to 3,884 dollars.

Brent Crude
−7.5%
Gold ounce
−1.0%

Prices to the close of 13 November

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