Iran Hikes Gasoline Prices 25 Percent

Wages Much Lower In Iran Than U.S.

ran jumped gasoline prices 25 percent Tuesday in a new blow to consumers already disgruntled over high inflation, and the government said it will begin rationing fuel in two weeks.

The moves are sure to increase public dissatisfaction with hard-line President Mahmoud Ahmadinejad, whose oil-rich nation faces the same quandary as the U.S. and its rising prices at the pump: A lack of refinery capacity forces it to buy gasoline on the world market. Full Story »

Posted by Mike LaBonte

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Review

Mike LaBonte
3.6
by Mike LaBonte - Oct. 1, 2008

Accurate, and has the balance of several viewpoints. Needs more evidence for statements on Iran's social problems.

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