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Balearic builders warn that rising oil prices due to the war in Iran pose threat to construction projects

Balearic builders warn that rising oil prices due to the war in Iran pose threat to construction projects

AI Briefing

  • Construction projects in the Balearics face financial strain due to rising oil prices.
  • Diesel price increase of 30 cents per litre poses significant threat to local economy.
  • 25% price hike may impact construction timelines and costs.
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