US EditionChile Announces a Historic Fuel Price Hike Due to the War in Iran, and Long Lines Are Already Forming. Kast Calls for "responsibility."
27 Articles
27 Articles
By Gonzalo Zegarra, CNN Español. Chilean President José Antonio Kast called for “responsibility” and “solidarity” from Chileans and opposition parties after the historic fuel price hike announced Monday night, which generated long lines at gas stations before the measure took effect. Chile, as one of the largest oil importers in the region, was particularly vulnerable to the recent international price increases fueled by the war in the Middle Ea…
Gasoline prices should increase by around 32% and fuel 62%. The government demands understanding, remembering that the country faces "a historical crisis" and one of the biggest shocks in the global oil market.
Since he took office last March 11th as Minister of Finance of Chile, economist Jorge Quiroz, advanced to different audiences that in his role he was not going to be either friendly or popular and this Monday night gave the first signal that he will act accordingly. After 21 hours, the government of José Anotnio Kast announced a historic increase of fuels that severely hits the pockets of Chileans. The measure seeks to face the effects on the wo…
The government of José Antonio Kast has announced this Monday night a historic increase in the price of fuels. Finance Minister Jorge Quiroz has reported that 93 octane gasoline will rise 370 Chilean pesos (0.41 dollars) and diesel 580 pesos (0.64 dollars) per liter, as a result of the increase in the value of oil by the war in Iran. “It’s a difficult situation, we’re going to pass a certain rush,” the Secretary of State warned in a round of tel…
After a week of political tension in La Moneda and Teatinos 120 for the way the government would face the fiscal effects of the escalation of the international price of oil in the country, Finance Minister Jorge Quiroz announced this Monday a historic increase in the price of Benzines in Chile starting on Thursday, and activated a plan of palliative measures that include lower prices for paraffin and benefits for different sectors of public tran…
This Monday, the Ministry of Finance confirmed a considerable increase in the price of gasolines and...
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