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By Country / Iran

Iran To Continue Gasoline Rationing

June 29, 2007

Dozens of gas stations in Tehran and other cities were destroyed in rioting on June 26-27 (AFP)

June 29, 2007 -- Iranian Oil Minister Kazem Vaziri-Hamaneh has vowed in
the wake of protests and rioting that rationing of gasoline will
continue.

Hamaneh told Iran's Mehr new agency that the decision on rationing "has been approved by parliament and therefore the government is determined to implement it."

The announcement of the new limits came hours before the scheme was implemented at midnight on June 26, prompting long lines and the torching of at least five gas stations.

(Mehr, dpa)
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The Iranian Economy

Buses being produced at a factory in Tehran (Fars)

IN NEED OF DIVERSIFICATION. Populist Iranian President Mahmud Ahmadinejad is having trouble fulfilling his promises to put the country's petrodollars on the plates of average citizens. Inflation and unemployment remain high and the economy is dominated by the energy sector.


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