BBC News - Iran petrol prices surge as subsidies cut:
"Iran has cut state subsidies on petrol in a move that saw prices rise at midnight by up to 75%.
Reports said Iranians rushed to fill up their cars before the deadline.
The government of President Hassan Rouhani hopes the move will bolster an economy battered by Western sanctions.
Petrol in Iran is still among the cheapest in the world but analysts say the increase will be unwelcome in a country where a quarter of adults are jobless or under-employed.
The subsidies have been blamed for making petrol cheaper than bottled mineral water."
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