24 Hrs
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الشارقة 24
Shipping hesitates in Strait of Hormuz
The jump in diesel prices raises fears of reigniting inflation in the U.S. economy, as rising costs squeeze profit margins and reduce consumption. It is also noted that the increase in diesel prices threatens the transportation and shipping sectors, which could impact goods and services and add to inflationary pressures, necessitating measures to stabilize the market and cut costs.
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