Iran Prepares for Painful Fuel Hike Amid US Sanctions

Iran sells gasoline much more cheaply than it costs to produce.

The government says these subsidies are becoming too expensive to maintain.

Officials are thinking about raising prices or changing how much fuel each person can buy.

One possible plan would give every Iranian a small amount of cheap fuel, even people without cars.

Another plan would let prices rise much closer to production costs.

That could make travel and shipping more expensive and increase inflation.

Iran has reduced some fuel allowances this year because people use more fuel than the country produces.

Leaders are being careful because earlier fuel price increases were followed by protests.