Business and Economy
Qatar to raise fuel prices by Oct.
Qatar (Shutterstock photo)
DOHA — State-owned Qatar Petroleum has decided to raise fuel prices in October, the Qatar News Agency (QNA) reported Thursday.
Starting from Oct. 1, petrol prices will increase from 1.6 riyals (USD0.43 ) a liter to 1.7 riyals, while diesel will cost 1.
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55 riyals a liter, up from 1.5 riyals in September, QNA said.
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Fuel prices in Qatar were allowed to fluctuate from May 1 last year in response to changes in the global market.
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Qatar is suffering from a blockade by the Saudi-led Arab quartet, which has cut off all air, land and sea links with the gas-rich country, accusing the latter of supporting terrorism and extremism and seeking closer ties with Iran, a Saudi rival, which Doha has repeatedly denied. (Xinhua)
