FT News Briefing cover image

Drought causes headaches for Panama Canal

FT News Briefing

00:00

The Struggle with Energy Subsidies in Iran

This chapter explores the financial challenges posed by Iran's energy subsidies, examining their history and unsustainability amid declining revenues and inflation. It highlights the contradiction of importing expensive petrol while keeping domestic prices low, exacerbating the government's fiscal strain.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app