Iran plans to cut subsidised gasoline quota

TEHRAN, Oct 8 (Reuters) – Iran plans to nearly halve the amount of gasoline that motorists can buy at a heavily subsidised price, state television reported on Thursday, in what could be a politically controversial proposal.

It quoted Oil Minister Massoud Mirkazemi as saying that under the plan, to be considered by parliament next week, the quota of subsidised gasoline would be reduced to 55 litres per month from 100 litres now.

The proposal comes as the United States and its European allies explore ways of targeting fuel imports into Iran if it continues to press on with its nuclear programme.

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