In a market regulation meeting chaired by Mohammad Reza Aref, the First Vice President, it was approved that tires and engine oil for light vehicles will be exempt from price controls until the end of the year, with the aim of increasing domestic production and adjusting prices.
ISNA is a semi-official Iranian news agency (Iranian Students News Agency). This is a translation of that outlet's own report; it is the outlet's account, not Artesh's finding.
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Tires and Engine Oil for Light Vehicles to Be Exempt from Price Controls
Just now
November 8, 2026
1 min read
📰 ISNA
📋 Key Takeaway
The Iranian government has decided to remove price controls on tires and engine oil for light vehicles to boost domestic production and stabilize prices. This decision was made during a market regulation meeting led by First Vice President Mohammad Reza Aref. It is significant as it reflects a shift towards market-oriented policies in Iran's economy.
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Translated from the original and edited for English readers. View original source →
Translation confidence: 85%
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