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GeneralApril 8, 2026

Government Orders Refinery Profit Cuts to Address Permanent High Oil Prices - Dr. Niwes Warns of Damage to Foreign Investor Confidence and Industry Collapse

Source: The Standard
Government Orders Refinery Profit Cuts to Address Permanent High Oil Prices - Dr. Niwes Warns of Damage to Foreign Investor Confidence and Industry Collapse

The Ministry of Energy's Energy Policy Administration Committee has ordered cuts to refinery profits to address the crisis of permanently high fuel prices, raising concerns from Dr. Niwes about potential damage to foreign investor confidence and industry collapse.

Source: The Standard
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