Uruguay increases fuel price by 12%

The Uruguayan government announced a 12% increase in fuel prices last Monday (7). The reason was the increase in the international value of oil, which is a product very imported by the country.

Thus, super naphtha goes from $1.32 a liter to $1.48 a liter, and diesel from 0.91 to $1.02 a liter. Industry Minister Omar Paganini announced that the government is also starting with a new system "that implies aligning prices (in Uruguay) with international prices, with import parity."

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