Mexico issues controversial fuel import rules

Mexican officials issued new regulation over the weekend on the permitting process involved in the importing and exporting of fuels in Mexico.

The Mexican Ministry of Energy (SENER) said it will now offer fuel and hydrocarbon import/export permits for five rather than 20 years. The new permit rule took effect Monday.

The regulation is seen by critics as an attempt to limit the ability of private firms to import and export fuels and hydrocarbons into Mexico, along with boosting support for...

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