Talking at a ceremony to inaugurate Nationwide Highway No. 3 Phnom Penh-Kampot on March 2, PM Hun Sen stated the rise in oil costs is affecting all nations the world over as a result of Russia is a giant oil producer.
Cambodia’s financial system was affected by COVID-19, however could also be additional affected by the escalating pressure between Russia and Ukraine, he pressured.
The PM referred to as on Cambodian folks to grasp that the rise in oil costs doesn’t occur solely in Cambodia, however different nations on the earth are additionally affected.
At the moment, the retail value of gasoline and diesel at stations in Cambodia, set by the Ministry of Commerce, is 4,800 riel (1.18 USD) and 4,500 riel, respectively.