Driving car in ran is cheapest in world know the reason

Iran cheapest petrol reason: When most of the countries of the world are troubled by the prices of petrol and diesel, driving a car in Iran is very cheap and economical. The price of one liter of petrol there is only $ 0.029 i.e. about 2.50. Why is it like this? Let’s know those reasons which have made Iran the cheapest petrol selling country in the world.

The real reason for the cheap price of petrol in Iran

Petrol prices in Iran are the cheapest in the world and the biggest reason behind this is heavy government subsidy. The Iran government protects a large part of crude oil for domestic use and processes it and provides it to the public at a very low price. In addition, Iran has huge oil reserves and its own refinery capacity, which does not cause dependence on imports and the production cost is significantly reduced.

Heavy government subsidy

Due to international sanctions, Iran’s oil is exporting limited, in such a situation, the government gives priority to domestic consumption and provides fuel at affordable rates. After Iran, Libya sells petrol at the rate of $ 0.031 per liter, Venezuela $ 0.035 per liter, Angola $ 0.328 per liter, Egypt $ 0.339 per liter and Algeria $ 0.340 per liter, which is possible in all countries due to government subsidy or oil production.

However, cheap petrol also has many negative effects. Heavy subsidy burns the government’s budget, which can cause cuts in areas like education and health. Not only this, smuggling of cheap fuel also becomes a big problem due to expensive fuel in neighboring countries. Also, vehicle use increases due to cheap petrol, which increases air pollution and carbon emissions.

How cheap petrol is there than India?

If we talk about India, the price of petrol here is more than 100 per liter, while in Iran it is about 2.50 per liter. This difference is about 40 times, which shows how the government has reduced the price of petrol to such an extent through subsidy and policy.

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