US Gas Prices Spike 52% Amid Energy Disruptions in the Strait of Hormuz
US regular gasoline prices have surged 52% since the Iran war began, hitting $4.54 per gallon as oil tankers remain trapped in the Strait of Hormuz.
News & Insights Across Asia
US regular gasoline prices have surged 52% since the Iran war began, hitting $4.54 per gallon as oil tankers remain trapped in the Strait of Hormuz.
Nigerian airlines may suspend domestic flights from April 20 unless urgent action is taken to address soaring jet fuel costs, threatening travel chaos.
Nigeria seeks IMF and World Bank support as fuel price surges threaten economic reforms, inflation stability, and household welfare.
Nigeria faces record heatwaves and rising fuel costs linked to the Iran conflict, straining health and infrastructure. Learn more about the dual crisis impacting millions.
Liberia raises fuel prices again as global oil market volatility and a weaker local currency strain the economy, impacting households and businesses.
South Africa suspends fuel levy hike to ease consumer strain amid global oil price surge, with relief lasting until May 2026.
Trump’s approval rating hits 36% amid Iran war and fuel price surge, with economic confidence at a historic low, per Reuters/Ipsos poll.
Spanish gas stations are planning legal action against the government’s fuel discount policy, citing financial strain due to delayed reimbursements and increased sales not reflected in compensation.