Jordan to Stabilize Fuel Prices in September
Jordan is heading toward a decision regarding the prices of petroleum derivatives for September, with the possibility of maintaining the current gasoline prices (octane 90 and 95) amid a slight global increase in their prices. There is also a potential limited increase in the diesel price, which might rise by about 120 fils due to supply shortages caused by damages to Russian refineries and the withdrawal of certain quantities from Gulf markets. Experts believe that the government may absorb the cost difference resulting from these increases to minimize the impact of global price rises on citizens. They consider fixing prices as the best option to avoid the repercussions of rising fuel costs on transportation, general expenses, and purchasing power, especially as global prices continue to increase.
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