The Iran war raises fuel prices around the world, and causes demonstrations and economic pressure in countries far from the conflict.

The Iran war raises fuel prices around the world, and causes demonstrations and economic pressure in countries far from the conflict.

Import-dependent countries such as Pakistan, Myanmar and Kenya have been hit particularly hard, while the US is also facing higher fuel prices due to global oil markets.

Governments are responding with fuel subsidies, price caps and tax cuts, but the International Monetary Fund has warned that prolonged support measures could strain public finances.

Source: Axios