World Bank Warns of Largest Oil Supply Drop in 40 Years, 32% Energy Price Spike
Published 2 d ago2 sourcesEvidence: Reported
Argentina's government approved a 3.6% increase in electricity and gas tariffs, citing the impact of the Middle East war on energy costs. The government maintains extraordinary subsidies and froze fuel tax increases to contain inflation, but the adjustment reflects pass-through of higher import costs. The move signals fiscal pressure and potential inflationary effects, though the magnitude is modest.
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