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Falling Oil Prices: What Is the Impact on Tunisia?
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Because of the expected increase in production by the member countries of the OPEC+ alliance and the resumption of crude exports from the Iraqi Kurdistan region via Turkey, an excess of supply is anticipated on the global market. This expectation weighs on world prices and leads to a drop in oil prices, which has a direct influence on Tunisia by reducing its energy bill and easing the pressure on its public finances. Lower oil prices, due to inc…
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