Oil Prices And Donkeys

November 22, 2014 in Daily Bulletin

While oil prices are at remarkably low levels around the world, they’ve actually gone up in Iran. The BBC wrote about some of the odder changes in lifestyle this has led to:

  • Due in part to pressure from international sanctions Iran has had to cut fuel subsidies to right its budget, causing prices to go up by 75% overnight.
  • This has led to farmers giving up the use of vehicles and using donkeys for transportation instead, at times in the city.
  • A high oil price is great news for the donkeys; they’d often be abandoned during the winter as farmers couldn’t afford to keep them fed.

Read more here.

Source: BBC