Following the Iran conflict, fuel prices have increased globally, with petrol becoming more expensive in over 85 countries, including Pakistan.
Reports indicate that petrol prices in Pakistan have risen by approximately 20 percent, while India has managed to keep prices stable despite the global crisis.
In Europe, countries including Spain, Germany, and France have experienced fuel price increases, while petrol and diesel prices have also risen in the United Kingdom, adding to public expenses.
The global surge follows escalating tensions between the United States and Iran, which disrupted oil supply chains and led to price increases across Asia, Europe, Africa, and North America at varying levels.
Instability in oil transportation through the Strait of Hormuz has further intensified price hikes, contributing to increases recorded in over 85 countries.
Data shows the highest increase in Vietnam, where petrol prices rose from around $0.75 per liter to approximately $1.13 per liter, reflecting nearly a 50 percent surge.
Similarly, Laos and Cambodia saw increases of around 33 percent and 19 percent respectively, while in North America, the United States also experienced a notable rise in fuel prices.
