Maduro risks backlash by increasing Venezuela’s petrol prices

FINANCIAL TIMES 🔒| Venezuelans awoke to new petrol prices on Monday — and the realisation that for the first time in decades they will have to pay close to market rates if they want to fill up their tanks more than a few times a month.

The revolutionary socialist government unveiled its pricing regime over the weekend, risking the ire of people who are already suffering terrible hardships, and who for years have taken free petrol for granted in one of the most oil-rich nations on earth.

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