Chile Fuel Prices to Jump 54% as Kast Ends Subsidy

Key Points —Chile will raise fuel prices by up to 54% on Thursday, with gasoline jumping 44% and diesel surging 54%, as the Kast government invokes an emergency clause in the MEPCO stabilization mechanism. —The government has been spending $140 million per week to subsidize fuel prices and says it can no longer afford the […] The post Chile Fuel Prices to Jump 54% as Kast Ends Subsidy appeared first on The Rio Times .

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