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Sales of secondhand electric vehicles surge as fuel prices hit record highs

The war in Iran is sending shockwaves through global oil markets, pushing petrol prices to record highs and driving a surge in secondhand electric vehicle sales. The average cost of petrol in the European Union rose 12% to 1.84 euros per litre from late February to mid-March, according to European Commission data, after the conflict disrupted a shipping route that carries roughly…

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