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Saudi Arabia, the biggest Arab economy, will probably delay plans to raise gasoline and other energy prices until later this year or early in 2018 amid an economic slowdown, according to four people familiar with the matter.The government plans to raise energy prices in October at the soonest and most likely early next year, according to the people, who asked not to be identified because the information isn't public. Saudi Arabia's energy prices are still among the cheapest in the world, with 91-octane gasoline at 0.75 riyals (20 cents) per liter, up from 0.45 riyals per liter before the first subsidy cut. The government aims to link them to international prices, Falih said in December.
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