Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ World https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Gasoline price rises in Iran: Protests erupt over surprise surprise

Gasoline price rises in Iran: Protests erupt over surprise surprise

  Protesters in Shiraz, Iran, November 16, 2019 Copyright
Social media

Caption of images

Protesters took to the streets in Shiraz

Protests erupted in Iran after the government unexpectedly announced that it had normalized gasoline and raised its price. At least two people were killed.

Prices rose by at least 50% on Friday as gas subsidies were reduced

Authorities say they want to release money to help the poor.

Iran is already suffering economically from severe US-imposed sanctions after Washington decided to withdraw from the 201

5 nuclear deal.

  • How renewed US sanctions have severely affected Iran
  • 'Rising'

A man was killed during protests in the central city of Syrian. State news agency Irna said it had clashes with police when protesters stormed a fuel depot and tried to set it on fire.

Several more are injured.

A protestor also died in the town of Behhan.

Other cities were also affected, including the capital, Tehran, Kermanshah, Isfahan, Tabriz, Karaj, Shiraz, Yazd, Bushehr and Sari.

In several cities, dozens of angry motorists blocked roads by shutting down motor vehicles or leaving vehicles in motion.

Videos posted on the internet showed that drivers in the capital Tehran were stopping traffic on the Imam Ali highway and asking police to support them.

Another clip shows what appears to be a roadblock on the Tehran-Karaj highway, struck by the first heavy snowfall of the season.

Media playback is not supported on your device

Media caption Sense of pressure: Iran sanctions explained

How do the new regulations work?

Under the new measures, each motorist is allowed to buy 60 liters of gasoline per month at 15,000 rials ($ 0.13; £ 0.10) per liter. Thereafter, each additional liter costs 30,000 riyals.

Previously, drivers received up to 250 liters at 10,000 rials per liter, AP reports.

Revenues from the elimination of gas subsidies will be used for cash payments to low-income households, the government says. [19659025] Copyright
Social media

Caption images

Social media showed tear gas being used against Kermanshah protesters

The head of the Iranian Planning and Budget Organization, Mohammed Bakker Nobacht, said that as of this month, 18 million families would receive additional cash as a result of the price hike.

The new measure is expected to bring in an amount of 300 tonnes a year, he said on state television.

President Hassan Ruhani said on Saturday that 75% of Iranians are currently "under pressure" and that additional revenue from rising gasoline prices will go to them, not the Treasury.

How did fresh US sanctions affect Iran?

Iran has some of the cheapest fuel prices in the world due to heavy subsidies and the downturn in its currency.

It is also one of the largest producers of oil in the world, with exports worth billions of dollars each year. But it has limited refining capacity and sanctions make it difficult to obtain spare parts for oil plants.

The sanctions were restored last year after US President Donald Trump abandoned a landmark nuclear deal between Iran and six world powers.

Under the Agreement, Iran has agreed to limit its conflicting nuclear activities and allow international inspectors in return for sanctions relief. to want to develop nuclear weapons.

The sanctions led to a sharp decline in Iran's economy, pushing its currency to record levels, doubling its annual inflation, driving foreign investors away, and sparking protests.

Source link