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Fuel prices rocket in Iraq
- Iraq: Saturday, August 19 - 2006 at 10:07
Fuel prices in Iraq have shot up due to supply shortages and widespread corruption, reported Gulf News. 20 litres of petrol should officially cost around $3.50, but current prices have escalated to around $20 as the nationwide shortage has worsened. Petrol station employees also regularly work with black market dealers to bump up prices and share profits.
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