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Realistic depiction of a gas station with surging fuel prices amid US-Iran tensions and oil disruptions.
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Oil firms hike fuel prices again on April 7

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Oil companies raised fuel prices again on Tuesday, April 7, 2026, with diesel hikes up to P19.80 per liter. The increases stem from ongoing US-Iran tensions and global oil supply disruptions. This marks the 13th to 15th consecutive weekly rise.

Dolce & Gabbana has named Stefano Cantino as co-CEO alongside Alfonso Dolce, effective immediately. The move follows the departure of Stefano Gabbana from management roles and comes amid the company's push into lifestyle expansion. Cantino brings extensive experience from Gucci, Louis Vuitton, and Prada Group.

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Boliden has announced a 700 million kronor write-down of assets at the Garpenberg mine, damaged by seismic activity and a collapse in March that led to parts of the mine closing through 2026. The write-down covers infrastructure and equipment affected by the events.

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