Iran's government plans to nearly halve the amount of gasoline that motorists can buy at heavily subsidised prices, state television reported on Thursday, Reuters reported.
It quoted Oil Minister Massoud Mirkazemi as saying that under the plan, to be considered by parliament, the rationed amount of subsidised gasoline available to motorists would be reduced to 55 litres per month, compared with 100 litres now.
Under a scheme introduced in 2007, motorists can buy the rationed fuel for 1,000 rials per litre (around 10 U.S. cents). Any amount above that costs about four times more.