Protests erupt in Iran's major cities after petrol price rise

Revenue gained from removing subsidies on petrol will be used for cash payments to low-income households, the government says. US sanctions were re-imposed last year after President Donald Trump abandoned the landmark nuclear deal between Iran and six world powers. The sanctions have led to a sharp downturn in Iran's economy, pushing the value of its currency to record lows, quadrupling its annual inflation rate, driving away foreign investors and triggering protests.