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

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By Michelle Moghtader DUBAI (Reuters) - Iran will start cutting gasoline subsidies this week, an official said on Monday, 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 hardline rivals who oppose a cautious thaw in ties with the West that he has pursued since his election in 2013. ...




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