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Fuel price to increase?

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Prime Minister Ranil Wickremesinghe informed Parliament yesterday that the prices of fuel will have to be increased because of soaring prices in the global market.

The Prime Minister has stated that “Global prices of fuel have increased due to the conflict situation in Europe. Russia has stopped supplying fuel and gas to Europe because of the conflict in Ukraine. Therefore there will be a fuel price hike in Sri Lanka as well,”.

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