Govt to provide subsidy if oil prices soar: Mahathir
PUTRAJAYA: Saudi Arabia’s move to temporarily suspend production at the state-owned Aramco’s two major oil facilities following the drone attacks by Yemeni rebels will definitely impact the global oil prices, according to Prime Minister Tun Dr Mahathir Mohamad (pix).
However, he said, in Malaysia, the government practices intervention through a subsidy to offset the price hikes.……
Saudi Arabia News
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