Thursday 28 May 2015
 
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petrol subsidies

Oman may cut petrol subsidies, no bond plans

Oman's government is looking closely at cutting costly subsidies, with petrol an obvious target, the minister for financial affairs said on Wednesday, as the country grapples with rising pressure on its public finances. The Gu

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Iran postpones subsidies cut

Iran has postponed increasing petrol prices for at least a month despite a plan to phase out subsidies that was due to start by late September, a senior official said. Motorists will continue to receive a monthly quota of 60 litres of petr

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