Fuel Prices Rise Amid Global Tensions | Jamaica News

Antigua and Barbuda braces for a fuel price hike as Prime Minister Gaston Browne links the surge to global tensions between the U.S. and Iran, which have destabilized oil markets. After months of the government covering fuel costs and paying the West Indies Oil Company instead of collecting taxes—accumulating a $15 million debt—the PM opted for a more modest $2 per gallon increase to ease the burden. Gas will rise to $16.50, diesel to $16.25, still cheaper than most Caribbean neighbors. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/3cc9d15f25c182c2