Ready To Fall? :: IBD
Assassinations, gas station burnings and rock throwing — these are the signs of a populace unhappy with its ruling regime. Could the country be on the brink of a much-needed government upheaval?
Iran, which sits on a small ocean of crude, instituted gasoline rationing Wednesday morning. Despite its vast oil wealth, the nation has scant refining capacity, and its infrastructure is crumbling. Even as the world's fourth-largest exporter of oil, it must import four of every 10 gallons of the gasoline it consumes.
Iranians had two hours from the 10 p.m. Tuesday announcement to digest the news before the rationing — a limit of 26.4 gallons a month — was put into effect.
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