PSOJ urges Jamaica to take immediate action to protect consumers amid emerging energy crisis
KINGSTON, Jamaica — With global oil prices rising amid renewed geopolitical tensions and supply disruptions, the Private Sector Organisation of Jamaica (PSOJ) is urging Jamaica to act decisively and immediately to shield consumers and businesses from the impact of a looming energy crisis. “Recent disruptions in the Strait of Hormuz and related export restrictions have pushed oil prices near US$100/barrel. The IMF (International Monetary Fund) warns that the Middle East...