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Iran burns more gasoline despite price hike

ENERGY

Iran burns more gasoline despite price hike

Iran’s gasoline consumption rose in the first quarter of the year which began on March 21 despite the country’s cancellation of subsidized fuel to motorists, the Ministry of Petroleum reported on Monday.

GM crops growing in Iran amid lax laws

ECONOMY

GM crops growing in Iran amid lax laws

Iran imports $5 billion of genetically modified crops a year despite government restrictions on the production of biotech products, local media said on Monday.