Economy And Environment News

Iran weighs gasoline rationing as fuel deficit widens

Iran is weighing three gasoline-rationing options to curb consumption as a daily shortfall grows beyond production (about 121 million liters) and demand (about 135 million), driven by war damage and import hurdles: cap station supplies at 121 million liters per day, impose stricter vehicle quotas with market-rate top-ups, or shift quotas to individuals (roughly 30 liters per person per month) while reserving some for public transport; no immediate subsidized-price changes have been announced, and a halted Kerman test underscores political risk. If production cannot rise, the deficit could widen to around 70 million liters per day within three years, implying costly investments and ongoing policy battles between hardliners and reformists.