Saudi Arabia on Saturday announced it was putting a price cap on gasoline from July 10 to support local consumption and economy growth, as oil prices hit multi-year highs this year.
It is the first time the country is capping prices since it first liberalized them in 2018 and linked them to international price...
Saudi Arabia Puts Local Price Cap On Gasoline As Oil Hits Multi-Year Highs
Eurasia Review
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Saudi Arabia caps prices on gasoline since it first liberalized them in 2018
(MENAFN)Saudi Arabia stated that as oil prices hit multi-year highs this year, it was putting a price cap on gasoline from July 10..
MENAFN.com