Oman

Cap on motor fuel prices a major relief

 
Muscat: His Majesty on Thursday issued a Royal Directive to fix vehicle fuel prices according to the month of October 2021 as a maximum until the end of 2023.

In 2021, HM had instructed to subsidise motor fuel in the Sultanate and any further increase in oil prices has been borne by the government as a difference in the cost of automotive fuel.