Iran War Delivers Sharpest Fuel Shock Among G7 Nations to US

Petrol and diesel prices are rising faster in the United States than in any other G7 economy, as the Iran conflict squeezes global energy supply and recession fears mount. The US, as both the country prosecuting the war and a major fuel consumer, is absorbing an outsized share of the energy price shock that is rippling through global markets. The FT reports that prices are climbing more steeply in America than in the UK, Canada, or other major allies.