Government To Deregulate Fuel Prices From August 1

News: The UAE government will deregulate fuel prices in the country from August 1, reported WAM, citing the energy ministry. 'Deregulating fuel prices will help decrease fuel consumption and preserve natural resources for future generations. It will also encourage individuals to adopt fuel-efficient vehicles, including the use of electric and hybrid cars,' said Energy Minister Suhail bin Mohammed al-Mazroui (Reuters). According to Matar al-Nyadi, undersecretary of the ministry and chairman...

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