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War with Iran and Global Fuel Squeeze: Axios Reports
EnergyIran, Islamic Republic of2 hours ago

War with Iran and Global Fuel Squeeze: Axios Reports

A Persian-language report, citing Axios and World Bank data, claims that war with Iran has driven global fuel prices higher, triggering protests and economic strain worldwide—especially for poorer nations—while IMF warns about the fiscal costs of price-support measures and calls for gradual subsidy reform. Kenya is presented as a cautionary example of broader consequences.

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