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Iranian President Masoud Pezeshkian said on Tuesday there was “no logic” in the Islamic republic’s fuel subsidies, but stopped short of declaring any intentions to change the government’s long-standing policy. Fuel prices in Iran — one of the top oil producers globally — are among the world’s lowest, and a surprise increase in 2019 sparked protests by angry citizens. Pezeshkian, who was sworn in late last month, said in a video shared by Iranian media that “there is no logic in (the government) buying petrol with a free-market dollar rate and selling it to people at a subsidised rate.” In th…

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