Pacific Islanders skip food, medicine amid global fuel shortage from Iran war
Far-flung Pacific nations are reeling from the impact of a global fuel crisis as authorities scramble to manage energy supplies while families must grapple with fuel curbs and higher costs for food and access to healthcare.
Global oil supplies are running down as the US-Israeli war with Iran disrupts traffic through the Strait of Hormuz, which typically carries about 20 per cent of the world’s oil and liquefied natural gas flows.
Aid agencies have warned that the crisis has driven up prices...
Hormuz blockade drives up costs
- Strait of Hormuz blockade drives up costs at Panama Canal The Straits Times —
- CNBC Daily Open: TACO truce and a Pacific warning CNBC —
- Oil Traders Say Billion-Barrel Hole Will Linger Long After War Bloomberg —
- Hoarding Is Driving Energy Prices Higher Everywhere The New York Times —
- War could make petroleum products from clothes to crayons more costly AP News —