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Fuel prices: Why developing economies are paying the most at pump

📍 Kampala, Uganda, UG·🕐 2h ago·2 outlets

Developing economies are bearing a disproportionate burden of the global fuel price shock triggered by disruptions to shipping through the Strait of Hormuz. According to a new report by the United Nations Conference on Trade and Development (UNCTAD), the rising petroleum costs have intensified inflation, straining household incomes and increasing pressure on public finances. The…

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[Claude] Report 2 is the same UNCTAD report on developing economies bearing the heaviest fuel price shock from the Strait of Hormuz disruption, with no conflicting facts.

2h ago
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