Simple ways in Britain to aid EV makers
Oil prices rose by 1% due to escalating risks to oil supplies from the Strait of Hormuz, as India moves to adjust fuel export tariffs and temporarily abolishes the gasoline tax to support its economy. Meanwhile, Iraq is considering a new strategy to export oil away from the Strait of Hormuz, amid declines in technology stocks on Wall Street and easier financing options in Britain to bolster the electric vehicle industry.
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