News | Iran
Iran's government denies a gasoline price hike; rumored 10,000-toman third tier has no approval yet
21 July 2026 | 3 months ago
Following reports about a possible "third tier" gasoline price of 10,000 toman per liter from the start of Mordad (23 July), Iran's government spokesperson stressed on Tuesday, 21 July 2026 (30 Tir 1405), that the government currently has no plan to change gasoline prices.
The spokesperson of the parliament's energy commission also said that while there is talk of a gasoline price increase, no official decision has so far been communicated to parliament. The head of the Energy Optimization and Strategic Management Organization added that any decision to manage the gasoline shortfall would be taken only after weighing all economic and social dimensions.
Fuel pricing and rationing is one of the country's most sensitive economic files because of its direct effect on inflation and transport costs, and the market reacts to any signal about it.
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