Iran Implements Three-Tier Gasoline Pricing System

Iran begins implementing a new three-tier fuel pricing system, the first gasoline price adjustment since the 2019 hike that triggered nationwide protests killing over 300 people. Tier 1 provides 60 liters per month at 15,000 rials per liter; Tier 2 covers the next 100 liters at 30,000 rials; Tier 3 charges 50,000 rials for any fuel beyond 160 liters or purchased without a smart card. Long queues form at gas stations hours before the new prices take effect at midnight.