Americans Hit Hardest by War-Driven Oil Price Surge
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latest: 3d ago- Economic27 Oct, 23:00
Americans Hit Hardest by War-Driven Oil Price Surge
Americans are paying the biggest portion of global energy price inflation resulting from the war in the Middle East, a Finnish energy and climate outlet has reported. Estimating the global total in fuel inflation at $468 billion, the Centre for Research on Energy and Clean Air said the U.S. portion of this total stood at $160 billion. On a per-capita basis, Americans are also paying the most, CREA also said, estimating their additional costs at $471 per person, while the global total has been estimated at an average of $60. The fact that this is…