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Just saw an important news about Euro fuel today - the Ministry of Energy has given the green light for a limited display of Euro II fuel in the market, after ongoing pressure on global oil prices due to the situation in the Middle East.
This decision is not at all random - it is precisely targeted at older cars (2015 and earlier), industrial applications like stations and generators, and the maritime sector. The Ministry of Energy emphasizes that this is a temporary and strictly monitored measure, not a permanent substitute for Euro IV standards.
Companies responsible for distribution are required to separate Euro II fuel from other types at all stages of storage, transportation, and sales. Stations must display clear warnings to consumers. There is random oversight by the ministry on quality and compliance.
This step came after consultations with the oil and automotive sectors from 12/26 to 12/28 (Hijri date), and Energy Minister Sharon Jarin said that this is a precautionary measure to ensure sufficient supplies during a sensitive period. Last week, oil companies raised prices multiple times, and diesel reached over 100 pesos per liter, with expectations of further increases as long as the crisis continues.