Iran hikes gasoline prices for heavy users as economy tightens

Iran rolled out a second gasoline-price hike this year, charging the heaviest users about 100,000 rials per liter (about 7 cents) for more than 110 liters a month, affecting roughly 15% of consumers. Officials say the extra revenue will go to households, even as the rial weakens, inflation runs around 67%, and domestic consumption hits record levels, potentially fueling further price pressures.