Monday, February 26, 2024

Logo Central America Link

Surge in oil forces Central America to tighten belts

Monday, February 28, 2011

Central American countries have begun to tighten their belts as international oil prices rise in the Libyan crisis.

Honduras launched a packet of measures to conserve fuel, including shorter working hours and restrictions on traffic.

Guatemala has clamped down on abuses by gasoline retailers, and Nicaragua says it will be forced to increase energy tariffs.

Original source (in Spanish): AFP