The government's latest effort to bring down fuel prices revises the petrol pricing mechanism by asking oil refineries to absorb the difference between import and ex-refinery prices through a petroleum levy. But while the immediate effect is expected to lower prices, the move carries several potential risks, raising concerns among analysts.

Unfortunately, the government is running out of options, and with the US-Israeli war on Iran sending international prices soaring, there are only a few measures available to keep the prices........

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