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European nations cut taxes and subsidies to counter rising fuel costs from the Middle East conflict.
European nations are implementing tax cuts, price controls, and subsidies to offset rising fuel costs caused by the Middle East conflict and market volatility.
Spain, Norway, Italy, and others have reduced excise duties or VAT, while Germany and France have cracked down on price gouging and released strategic reserves to shield consumers and businesses from energy price shocks.
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Las naciones europeas recortaron los impuestos y los subsidios para contrarrestar el aumento de los costos del combustible debido al conflicto en Oriente Medio.