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Industrial fuel costs in Hong Kong have risen by 50% since the onset of the Middle East war in February, prompting the government to implement a HK$1.8 billion subsidy scheme to support public and commercial transport sectors. Wah Fu Petroleum Company has pledged to transfer the subsidy benefits directly to customers,…
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Hong Kong Industrial Fuel Costs Surge 50% Amid Middle East Conflict, Subsidy Introduced to Ease Burden Industrial fuel costs in Hong Kong have risen by 50% since the onset of the Middle East war in February, prompting the government to implement a HK$1.8 billion subsidy scheme to support public and commercial transport s... Read the full IIPLA article: https://iipla.org/news/hong-kong-industrial-fuel-costs-surge-50-amid-middle-east-conflict-subsidy-introduced-to-ease-burden