Phnom Penh, April 18 (IANS) Retail fuel prices in Cambodia have dropped further after Iran declared the opening of the Strait of Hormuz, the Ministry of Commerce said. In an announcement late on Friday (local time), the ministry said a litre of regular gasoline is now priced at 4,950 riels (1.24 US dollars) from this Saturday until the next notice, down 2.9 per cent from 5,100 riels (1.28 dollars) in the last three days.Diesel now costs 5,700 riels (1.42 dollars) per litre, down 10.9 per cent, t…
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Phnom Penh, March 23 (IANS) Sokimex, one of Cambodia’s leading petroleum and Liquefied Petroleum Gas (LPG) importers, has announced that it will temporarily suspend the supply of LPG from April due to severe transportation disruptions caused by the ongoing conflict in the Middle East.In an official announcement released to the media on Sunday, the company said that due to the ongoing conflict and prolonged instability in the Middle East, global transportation of petroleum and LPG has been severe…