Petrol Cheaper Than Water in Iran: Mind-Blowing Price Revealed!

• Iran boasts some of the world's lowest petrol prices, with Octane-95 at 15,000 Iranian Rials per liter (approx. $0.029 USD or ₹2.5).
• The Iranian government heavily subsidizes petrol to ensure affordability for its citizens, despite global average prices being around $1.35 USD per liter.
• A three-tier system offers the first 60 liters at 15,000 Rials, the next 100 liters at 30,000 Rials, and subsequent amounts at 50,000 Rials to control consumption and smuggling.
• Despite potential disruptions from the Iran war and rising global oil prices, domestic petrol prices remain low due to government subsidies, placing a huge burden on the economy.
• Iran, a major oil producer, processes oil locally and maintains subsidies for economic equality, though this leads to fuel waste and smuggling to neighboring countries.