Home World News Petrol in Iran Costs Just Rs 8.4 Per Liter Cheapest Fuel Price in the World

Petrol in Iran Costs Just Rs 8.4 Per Liter Cheapest Fuel Price in the World

Heavy government subsidies keep fuel prices extremely low, making Iran the world’s most affordable country for petrol

by Muhammad Arham
0 comment

Iran has once again caught the world’s attention — not for politics or sanctions, but for fuel prices that seem almost unbelievable.

While people in many countries struggle with rising petrol costs, drivers in Iran pay only Rs 8.4 per liter, making it the cheapest petrol in the world. This shockingly low price is possible because of heavy government subsidies and Iran’s vast oil reserves.

For ordinary Iranians, cheap fuel means lower transportation costs and more affordable daily travel. Public transport, goods delivery, and commuting remain relatively inexpensive compared to countries where fuel prices keep climbing every month. In contrast, nations across South Asia, Europe, and beyond are facing record-high petrol rates that are putting pressure on household budgets.

However, this low price comes with challenges. Experts warn that massive fuel subsidies place a heavy burden on Iran’s economy and can encourage excessive fuel consumption and smuggling across borders. Despite these concerns, the government continues to support low petrol prices to protect citizens from inflation and economic hardship.

As global energy prices fluctuate and many countries rethink subsidy policies, Iran stands out as a rare example where fuel remains affordable for the common man. The comparison highlights a growing global divide — where petrol is a luxury in some countries, but still a basic, low-cost necessity in others.

For now, Iran holds the title of the world’s cheapest petrol, leaving millions around the globe wondering: why does filling a fuel tank feel so expensive everywhere else?

You may also like

Leave a Comment

Welcome to Envision Pakistan, your go-to digital platform for comprehensive, unbiased, and engaging news coverage. Our platform brings together a diverse array of media, including articles, videos, podcasts, and social media updates, providing you with a 360-degree perspective on both national and global events.
At Envision Pakistan, we believe in the power of knowledge to shape a better tomorrow. Our mission is to empower individuals with accurate and well-researched information, fostering an informed citizenry that actively participates in shaping the world around us.
From breaking news to in-depth analyses, our team of dedicated journalists and content creators work tirelessly to ensure that you receive the most reliable and balanced news coverage. We strive to go beyond the headlines, delving into the nuances and complexities of each story to give you a deeper understanding of the issues that matter.
Our commitment to innovation drives us to explore new and exciting ways of presenting news to you. Our video podcasts provide a dynamic and immersive experience, while our active presence on social media platforms ensures you stay up-to-date with real-time updates.
At Envision Pakistan, we believe that every voice matters, and we encourage open dialogue and respectful discussions. We are passionate about empowering our audience to engage with the news critically and thoughtfully.
Thank you for joining us on this journey of discovery and awareness. Together, let’s Envision Pakistan and the world in a new light.

Our Vision:

Envision Pakistan strives to become the premier digital media platform that presents a comprehensive and unbiased perspective on Pakistani and global news. We envision fostering a more informed and connected society by delivering timely, accurate, and thought-provoking content through our website, social media handles, and videos & podcasts.

Our Mission:

Our mission is to empower individuals with knowledge, engage them with diverse viewpoints, and inspire meaningful conversations. We aim to be at the forefront of news dissemination, embracing innovation and technology to deliver compelling multimedia content that resonates with our audience.

Copyright © 2023 – All Right Reserved. Powered by Markhor Advertising and Production

Adblock Detected

Please support us by disabling your AdBlocker extension from your browsers for our website.