Which countries have seen the highest petrol prices since the Iran war?
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At least 85 countries have reported increases in petrol prices since the US and Israel's attacks on Iran began on February 28. The US has seen a 20% increase in petrol prices, with California exceeding $5 per gallon, its highest level in over two years. Other countries experiencing sharp price hikes include Vietnam (nearly 50%), Laos (33%), Cambodia (19%), Australia (18%), and the US (17%). Asian countries are disproportionately affected due to their reliance on the Strait of Hormuz for oil delivery. Japan and South Korea have taken emergency measures, including releasing strategic reserves and introducing maximum price caps, in response to the disruptions. The increases are largely attributed to the war's impact on global oil markets.
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This article was automatically classified using rule-based analysis. The political bias score ranges from -1 (far left) to +1 (far right).
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