17 Hrs
Source:
المشهد العربي
Brazil prolongs diesel support program
The Brazilian government has extended its diesel fuel price support program to address ongoing fluctuations in global oil markets. The new decree, which increases the support amount from 1.12 riyals to 2.12 riyals per liter, has now come into effect. This measure aims to ensure the continuity of support and protect consumers, especially amid price shocks resulting from the conflict in the Middle East. Additionally, the country's extraordinary revenues of 50 billion riyals have led to the allocation of 40 billion riyals to mitigate the effects of the crisis.
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