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Senate Chair on Fuel Price Outlook
Fuel prices are not expected to increase over the next two months, according to the Chairman of the Energy Committee in the Senate, Engineer Osama Kamal. He confirmed that the automatic pricing committee has not yet held any meetings and that the government has entered into contracts to ensure market stability during the summer. He pointed out that regional tensions are driving up petroleum product prices globally, but any decisions to adjust prices will be based on economic and social considerations. He also emphasized that price adjustments are very sensitive due to their impact on the prices of goods and the cost of living.
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