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The local market will be awaiting today’s announcement from the Fuel Pricing Committee regarding fuel prices for October, with expectations that gasoline (both types) and diesel prices will increase by 3 to 6 piastres per liter. This is due to the rise in global oil prices, as Brent crude has exceeded $103 per barrel following US assurances that sanctions on Iran will not be eased. This includes increases in both 90 and 95 octane gasoline. The aim is to mitigate the impact of global fluctuations on citizens and the national economy.
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