North Macedonia has announced that it will reduce the Value Added Tax (VAT) on fuel from 18% to 10% in an attempt to mitigate the rising fuel prices that have been affected by the ongoing conflict in the Middle East. Prime Minister Christian Mitskoski made the announcement following a government meeting dedicated to addressing the issue. This tax reduction is set to take effect from midnight on March 23 for a period of two weeks, with expectations that gasoline prices will remain steady while the price of diesel is projected to rise slightly by three to three and a half denars, approximately 0.04 to 0.05 euros per liter.