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EU fuel prices hit records as ECB experts see diesel margins peak in October

EU petrol and diesel prices hit record highs this week, according to the European Commission. Refining margins—the cost of turning crude oil into fuel—are partly to blame, and prices could remain…

  • EU fuel prices hit records, averaging €103 for petrol and €108 for diesel
  • Diesel margins expected to peak in October, up almost 40% since January 2026
  • ECB experts predict quick price drops if conflict ends and energy flows resume

Job losses rise 29% to 68,177 as Malaysia labour market faces sectoral pressure

THE nation recorded 68,177 job losses between January and Sept 16, an increase of 15,196 workers or about 29 per cent from the same period last year, as manufacturing and wholesale and retail trade…

  • Job losses in Malaysia increased by 29% to 68,177 positions
  • Manufacturing, wholesale, and retail trade sectors experienced the most job cuts
  • Government and MYFutureJobs portal assisted 143,653 displaced workers

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