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July 5, 2007
No. 2048

In Iran, Black Market Emerges Following Gasoline Rationing

Following the Iranian regime's decision to ration gasoline for vehicle owners, a black market for gasoline has emerged.

Gasoline is government subsidized in Iran.

It is reported that individuals have sold their ration cards for over $160, and have been purchasing gas from black market sources for 30 to 55 cents a liter.

Source: Rooz, Iran, July 4, 2007

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