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News | Commodity | Iran

Vice President: No Fourth Gasoline Price Is Planned; Under the Cabinet Decision the Third Price Is Revised Each Season, but the Next Change Has No Date

Sahmino Newsroom | 11 November 2026 | 3 days ago

Esmaeil Saghab Esfahani, a vice president and head of the Organization for Energy Optimization and Strategic Management, told ILNA (as reported on 11 November 2026, 20 Aban 1405) that there is no plan to set a fourth fuel price and that fuel will stay at three prices: 1,500 tomans, 3,000 tomans and 10,000 tomans.

He said that under the cabinet decision the third price must change each season, depending on the refinery purchase price; it will not stay fixed and will change with advance notice and dialogue with the public. He added that the date of the next change is not clear and that deciding in the country's current conditions is hard, with security, military and law-enforcement bodies needing to weigh in, but that the public will be given an explanation and a report before any change and that prices will not change suddenly without notice.

Sahmino context

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

Over the same days, Brent Crude rose 4.4 percent, to 96.55 dollars.

Over the same days, Gold ounce fell 2.6 percent, to 3,884 dollars.

Brent Crude
+4.4%
Gold ounce
−2.6%

Prices to the close of 13 November

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