On the Foreign Scene, Mexico Suspends Petrol Subsidy In States Close to USA Border.

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Mexico has suspended petrol subsidy in states close to the US border in a bid to stop Americans from driving across to fill up their tanks at subsidized rates.

Mexico’s finance ministry said there have been shortages because of the increasing rate of Americans crossing over to buy petrol.

Petrol prices in the US have significantly gone up in the past weeks following the Russian-Ukraine war. Diesel price currently stands at $4.192 and it is expected to keep rising in the coming days.

The price hikes pushed US drivers into Mexico for cheaper fuel sold in the neighboring country.

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