PolicyMiddle East
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 sectors. Wah Fu Petroleum Company has pledged to transfer the subsidy benefits directly to customers,…
Thursday, April 30, 2026