World

China cuts fuel prices for first time after Iran war market shift

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Web Desk

BEIJING: According to China’s National Development and Reform Commission, China is reducing petrol and diesel prices for the first time since the changes in global oil markets in the wake of the Iran war.

According to BBC Urdu, the price cut will save drivers about three dollars on a 50-liter tank of 92-octane petrol.

It should be noted that Beijing has increased petrol and diesel prices several times since the start of the Iran-US war.

Web Desk

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