Hong Kong Drivers Hit by World's Steepest Gas Prices
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Hong Kong drivers grapple with worlds steepest gas prices, hitting $15.60 per gallon, exacerbated by Middle East tensions and global oil surge. Local drivers, especially delivery riders, feel the pinch as fuel costs erode profits. Border runs to mainland China for cheaper fuel boost trips to neighboring cities. Economic concerns arise as car ownership remains low due to high fees and excellent public transit.
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