Puerto Vallarta News

Puerto Vallarta News

Fuel smuggling in Mexico is undercutting Pemex’s sales, bleeding its finances by billions

Fuel smuggling in Mexico is undercutting Pemex’s sales, bleeding its finances by billions, and empowering organized crime across more than 20,000 clandestine outlets. Petróleos Mexicanos (Pemex) struggles under a mountain of debt. Adding to its woes, fuel smuggling in Mexico has …

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