Study showed: America suffered the most from the fuel shock related to the Strait of Hormuz According to a report by the Center for Clean Air and Energy Research of Finland (CREA), the United States is the country most affected by the increase in fuel costs caused by the global oil shock related to the tensions in the Strait of Hormuz. In an analysis of the impact of the Iran war on global fuel costs, the center explained that the increase in gasoline and diesel prices since the start of the US and Israeli strikes against Iran at the end of February cost consumers around the world an additional $468 billion. He added that the crisis raised fuel costs in the US by $160 billion, equivalent to about a third of the global additional cost. China was ranked second with additional expenditures of 54 billion dollars and Canada in third place with 17 billion dollars./Jamarn.

Study showed: America suffered the most from the fuel shock related to the Strait of Hormuz According to a report by the Center for Clean Air and Energy Research of Finland (CREA), the United States is the country most affected by the increase in fuel costs caused by the global oil shock related to the tensions in the Strait of Hormuz. In an analysis of the impact of the Iran war on global fuel costs, the center explained that the increase in gasoline and diesel prices since the start of the US and Israeli strikes against Iran at the end of February cost consumers around the world an additional $468 billion. He added that the crisis raised fuel costs in the US by $160 billion, equivalent to about a third of the global additional cost. China was ranked second with additional expenditures of 54 billion dollars and Canada in third place with 17 billion dollars./Jamarn.