Venezuela oil minister says non-subsidized gasoline price to be 50 U.S. cents
- Country:
- Venezuela
Venezuelan Oil Minister Tareck El Aissami on Monday said motorists must pay the equivalent 50 U.S. cents per liter of gasoline after reaching their 120 liter-per-month limit for subsidized fuel.
The South American nation this week launched a new fuel distribution system, ending decades of essentially unlimited heavy subsidies amid an acute fuel shortage.
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