Iran to cut gasoline subsidy this week, in test of Rouhani’s support

DUBAI: Iran will start cutting gasoline subsidies this week, an official said today, a move that will test President Hassan Rouhani’s public support as higher petrol prices add to inflation in a country already squeezed by economic sanctions. The amount of the subsidy cut – and the corresponding rise in fuel prices – has yet to be announced, but it comes as Rouhani is under criticism from ...