Gas Station Closures Surpass Openings for First Time Since 2022
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- First detected:
Insights by Echo AI
The number of independent gas station liquidations in the fuel retail sector increased by 16.7% year-on-year to 935 in the nine months of 2026, surpassing registrations for the first time since 2022. This trend is attributed to disruptions in fuel supplies, volatile wholesale prices, and increased costs, leading to reduced profitability and closures.
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