Soaring Fuel Prices in Middle East: A Result of Heated Israel-Iran Tensions Upending the Oil Market
skyrocketing oil prices leading to a hike in gasoline and diesel costs for consumers.
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The Commission, in addition to reviewing the draft budget, has also been consulted on the potential impact of soaring fuel prices on funding for various sectors, including sports-related activities. Despite the heated Israel-Iran tensions upending the oil market, it is crucial to ensure the continuity of funding for essential activities like sports.
