Ecuador To Cut Fuel Prices
Ecuador To Cut Fuel Prices

Ecuador To Cut Fuel Prices

Prashant Trivedi

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President Guillermo Lasso announced that Ecuador will cut fuel prices, which had sparked weeks of demonstrations, though not by as much as protesters have demanded. <br />The country’s energy ministry warned that oil production had reached a critical level and could be halted entirely within 48 hours if the protests and roadblocks continued. <br />The ministry says the seizure of oil wells and road closures have prevented the transport of equipment and diesel needed to keep operations going.

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