Iran introduced a higher price for its heaviest gasoline users after Tehran said it will unveil new sanctions for ships trying to pass through the Strait of Hormuz following a weekend of renewed exchanges with the US.
Under the new system, people buying more than their quota of 110 liters of gasoline a month now must pay 100,000 rials (about 7 cents) per liter, or twice as much as they have been paying since December.