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Global oil prices tumble after US-Iran peace deal; relief in sight for Ghanaian fuel consumers

Here’s How Much Tax You Pay For Every Litre Of Petrol You Buy
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Ghanaian motorists could soon get some relief at the pumps after global oil prices recorded their sharpest decline in weeks following a reported peace agreement between the United States and Iran. The breakthrough, which paves the way for the reopening of the critical Strait of Hormuz shipping route, has eased fears of supply disruptions and sparked optimism over lower fuel import costs for countries such as Ghana.

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