While the world focuses on rising gas prices from the war in Iran, Iranians face a far heavier burden. On September 8, the regime doubled the price of gas bought beyond the monthly subsidized allowance, from about $0.083 to $0.163 per U.S. gallon, while motorists keep 15.9 gallons at $0.025 and 13.2 gallons at $0.049. The article uses a Snapp driver in Tehran, who earns 650 million rials ($283) gross a month but has almost 300 million rials ($130) absorbed by commissions, petrol, maintenance and depreciation. Annual inflation was 66% in July, with food inflation at 128%. It also recalls that the November 2019 fuel price rise sparked nationwide protests that met lethal repression.
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Related tickers and likely impact
PAXG/USDT
• NeutralPAX Gold
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $1.8B |
| Close on 10/19/2026 | 4,133.66 |
| Change that session | -1.08% |
XAUT/USDT
• NeutralTether Gold
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $3.4B |
| Close on 10/19/2026 | 4,134.00 |
| Change that session | -1.05% |
XAU/USD
• NeutralRelevance: low
| Market | Gold |
|---|---|
| Close on 10/19/2026 | 4,140.75 |
| Change that session | -0.60% |
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