Malaysian crackdown on fuel subsidies backfires

Newswire

KUALA LUMPUR, April 27 (Reuters) - Malaysia's attempt to stop abuse of fuel subsidies and plug a hole in its budget has triggered nationwide diesel shortages, stranding trucks and buses and creating a political headache for the government. Some petrol stations have run dry of diesel, which is heavily subsidised but strictly rationed, leaving trucks and buses idle, unable to fill up, and leading desperate motorists to form queues at petrol stations in the middle of the night. "Up to 30 ...

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