How close are we to WWIII?

  • Thread starter Thread starter TLS Guy
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Per google.....

In Iran, gasoline prices depend entirely on a government-regulated tiered quota system, ranging from 15,000 to 100,000 Iranian Rials per liter. [1]

Due to massive government subsidies and the free-market exchange rate of the Rial, this translates to roughly $0.007 to $0.043 USD per liter, making it one of the absolute cheapest places in the world to buy fuel. Per gallon, this is equivalent to roughly 3 to 17 U.S. cents. [1, 2]

The three-tier fuel card pricing structure is broken down as follows:

    • Tier 1 (Subsidized Quota): 15,000 Rials ($0.007) per liter for the first 60 liters allocated to drivers monthly.
    • Tier 2 (Semi-Subsidized Quota): 30,000 Rials ($0.013) per liter for the next 50 liters.
    • Tier 3 (Non-Quota / Heavy Users): 100,000 Rials ($0.043) per liter for any fuel consumed beyond 110 liters a month. [1, 2, 3]

The Iranian government doubled the Tier 3 price to 100,000 Rials to curb severe domestic shortages and smuggling brought on by the ongoing economic pressures of the regional conflict.
 

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