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(visit the link for the full news article)
TEHRAN, Iran – Security forces flooded Iran's capital in a warning against possible unrest as fuel prices surged 400 percent Sunday under plans to sharply cut government subsides and ease pressure on an economy struggling with international sanctions.
The so-called economic "surgery" has been planned for months, but was repeatedly delayed over worries of a repeat of gas riots in 2007 and serious political infighting during the standoff with the West over the Islamic Republic's nuclear program
Originally posted by sonofliberty1776
reply to post by alchemist2012
They do, but as I understand it they have very few refineries. So they cannot make much gasoline.
Originally posted by alchemist2012
Why does Iran's feul cost gone up 400 percent.Do they are dont they export oil????.Seems some strange things are a foot here and from the article this has been in the works for months.
No uprisings as of yet.But this does make one wonder about these actions,are they stockpiling for something.And as well how would a country under U N sanctions be able to trim if they are not getting any aid.
news.yahoo.com
(visit the link for the full news article)
Originally posted by alchemist2012
Why does Iran's feul cost gone up 400 percent.Do they are dont they export oil????.Seems some strange things are a foot here and from the article this has been in the works for months.
No uprisings as of yet.But this does make one wonder about these actions,are they stockpiling for something.And as well how would a country under U N sanctions be able to trim if they are not getting any aid.
news.yahoo.com
(visit the link for the full news article)