Ghana cuts fuel taxes to offset rising global oil costs
The government will suspend fuel levies for four weeks to mitigate price hikes caused by the Iran conflict. Officials also plan to deploy more public buses.
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The government of Ghana has announced plans to eliminate several fuel taxes and levies to mitigate the impact of rising pump prices. This decision comes as the ongoing conflict involving Iran, the United States, and Israel continues to disrupt global energy markets, putting upward pressure on benchmarks such as Brent Crude Oil and West Texas Oil.
