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Iran cracks down on price abuses

Published on: January 8, 2026 6:49 PM

 

Iran’s government has issued a strong warning to domestic suppliers, cautioning them against hoarding goods or charging inflated prices as the country pushes ahead with sensitive subsidy reforms.

President Masoud Pezeshkian stressed that citizens must not face shortages, directing authorities to ensure smooth distribution of essential goods and strict nationwide price monitoring.

Read more : Iran warns suppliers amid subsidy reform rollout

The warning comes as Iran implements a major overhaul of its subsidy system, aimed at protecting consumers by removing preferential exchange rates that previously benefited importers over ordinary people.

Under the new policy, citizens will receive around seven dollars per month to purchase basic items from selected grocery stores, marking a shift toward direct support for households.

Read more : Iran reiterates firm stance as protests continue 

However, despite the government’s assurances, prices of everyday necessities such as cooking oil and eggs have already risen sharply, fueling public frustration and concerns over affordability.

As protests over economic hardship continue, officials say tighter oversight and penalties for violators will be enforced to stabilize markets and restore public confidence in the reform process.

Filed Under: World Tagged With: Iran economic protests, Iran goods prices, Iran price controls, Iran subsidy reform, Latest, Masoud Pezeshkian Warning

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