It emerged that the prices of petrol and diesel in the UAE would rise next month. Prices increased in September and August to reflect the trend in the oil market. The UAE liberalized petrol prices in 2015 to allow rates to move in line with the market. In 2020, prices were frozen by the Fuel Price Committee after the onset of the coronavirus pandemic. The controls were removed in March 2021 to reflect the movement of the market once again.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

New Zealand pilot taken hostage by separatists in Indonesia

A New Zealand pilot has been taken hostage by separatist fighters in…

Trump administration deploys Marines to Los Angeles, vows to intensify migrant raids

The Trump administration on Monday ordered U.S. Marines into Los Angeles and…

US to grant Ukraine $400m in aid

The United States authorized an additional $400m in military aid to Ukraine,…

ICJ hears Israel has turned Gaza into ‘pile of rubble’

A senior Saudi official told the UN’s top court that Israel has…