This article is published in association with United Nations. When war shut the Strait of Hormuz in February, oil prices soared everywhere. But the pain at the pump has been far from equal, and the world’s developing economies are paying the heaviest price, according to a new report from UNCTAD, the UN trade and development […]Fuel price shock: Why developing economies are paying the most at the pump
November 5, 2026 by Leave a Comment
This article is published in association with United Nations. When war shut the Strait of Hormuz in February, oil prices soared everywhere. But the pain at the pump has been far from equal, and the world’s developing economies are paying the heaviest price, according to a new report from UNCTAD, the UN trade and development […]
