Soaring Fuel Costs Worldwide After Iran Conflict
Explore the countries hit hardest by skyrocketing petrol prices in the wake of the Iran-US conflict, with in-depth analysis of the global energy market impacts.
The recent military escalation between the United States, Israel, and Iran has had far-reaching consequences on the global energy market, with at least 85 countries reporting significant increases in petrol prices since the attacks on Iran that took place on February 28th.
While the direct impact of the conflict on oil production and distribution has been relatively limited so far, the uncertainty and geopolitical tensions surrounding the situation have led to a significant spike in crude oil prices on international exchanges. This, in turn, has been passed on to consumers at the pump in countries around the world.
{{IMAGE_PLACEHOLDER}}Source: Al Jazeera
