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Washington Examiner

Japan announces $10 billion in subsidies for oil-strapped Southeast Asia

Japan announces $10 billion in subsidies for oil-strapped Southeast Asia
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Japan announced on Wednesday that it would provide $10 billion in financial aid to Southeast Asian countries hit hardest by a surge in oil prices. Southeast Asian countries have been the worst hit by disruptions to global oil supplies due to Iran’s blockade of the Strait of Hormuz, with Bangladesh the first to face the […]

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