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Event Brief

Mexico Extends Gas Price Cap Amid Rising Oil Prices

The Mexican government renews a gas price cap pact to keep prices low as global oil prices surge.
WHO: Mexico
WHAT: Renewed gas price cap pact
WHEN: Mar 12, 2026 at 7:04 PM ET
WHERE: Mexico
WHY: To keep regular gasoline prices below 24 pesos per liter
Sources (1): Mexico News Daily

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