Demonstrations and economic pressures are increasing... the increase in oil puts the governments of the world in front of the street!

Demonstrations and economic pressures are increasing... the increase in oil puts the governments of the world in front of the street!

The war in Iran raises fuel prices around the world, causes protests 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 dealing with rising gasoline prices due to global oil markets.

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

Source: Axios

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