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Malawi petrol reaches $14.61 a gallon, Tracy Shuchart notes

Malawi petrol reaches $14.61 a gallon, Tracy Shuchart notes
Malawi petrol price rises sharply

Malawi has raised its petrol price to 6,672 kwacha, equivalent to $3.86 per liter, as oil prices surge in response to the Iran war.

Tracy Shuchart highlights that this rate is more than three times what U.S. drivers currently pay at the pump. At this price, petrol in Malawi would cost about $14.61 per gallon.

Tracy Shuchart previously pointed to a rally in Aramco shares as supply disruptions drove volatility. She also highlighted that Blackstone's private credit fund recorded its first monthly loss since 2022. The recent petrol price spike in Malawi adds to a series of market reactions linked to global energy shifts.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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