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Australia Halves Fuel Excise to Counter Global Energy Turmoil

Kuwait: Australian Prime Minister Anthony Albanese announced on Monday a 50 per cent reduction of the fuel excise, a move aimed at mitigating the impact of the global fuel crisis stemming from the escalating military conflict in the Middle East. In a …

European Stocks Gain as Utility and Media Sectors Lead

London: European stock indices closed higher at the start of the week, with gains in utility and media stocks. However, analysts warned that any recovery could be temporary as the conflict in the Middle East continues to escalate.

According to Qatar…