Saudi Arabia Eases Subsidy Cuts With Gasoline Price Ceiling
- June prices set as new upper limit for domestic gasoline sales
- State to bear cost of setting ceiling after Saudi complaints
A worker writes a receipt at a gas station in Jiddah, Saudi Arabia.
Photographer: Amr Nabil/APThis article is for subscribers only.
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Saudi Arabia’s government set an upper limit for the domestic cost of gasoline, a rare move to soften the impact of higher living costs on citizens.