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Mmastodon WarUkraine first seen 3 d ago, last 3 d ago, peak #3

IMF says global fuel prices jumped up to 97% on refining shortage

Original: Не может быть: мировые цены на бензин, дизель и авиатопливо взлетели на 60-97% из-за дефицита нефтеперерабатывающих мощн

World prices for petrol, diesel and aviation fuel have surged by 60-97% due to a shortage of oil refining capacity, according to IMF representative Julie Kozak. The fund links the spike to disruptions in oil refining and fuel supply following the outbreak of hostilities between the United States and Iran. The scale of the increase has drawn wide attention, as fuel costs feed directly into transport, food and consumer prices worldwide.

Why now: Fuel prices soaring up to 97% amid the US-Iran conflict directly affects consumers and economies globally.

IMFJulie KozakIranUnited States

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