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Due to the Increase in Oil Prices, Many Service Providers Have to Raise Their Prices

Rising oil prices are putting pressure on ride-hailing service providers as well as the logistics sector, where costs are rising rapidly and are inevitably passed on to service prices. At the same time, rising prices are reducing demand and putting companies in a difficult competitive position.

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Soaring Oil Prices Due to Middle East Crisis Increase Burden on Logistics Industry The burden on the logistics industry is growing as oil prices rise due to the crisis in the Middle East. The photo shows large cargo trucks lined up at the Inland Container Depot (ICD) in Uiwang, Gyeonggi Province on the 30th.

Rising oil prices are putting pressure on ride-hailing service providers as well as the logistics sector, where costs are rising rapidly and are inevitably passed on to service prices. At the same time, rising prices are reducing demand and putting companies in a difficult competitive position.

·Estonia
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Eesti Rahvusringhääling broke the news in Estonia on Sunday, March 29, 2026.
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