The Iran war is driving fuel prices higher worldwide, causing protests and economic pressure in countries far from the conflict.

INTELLIGENCE SUMMARY

The Iran war is driving fuel prices higher worldwide, causing protests and economic pressure in countries far from the conflict. Import-dependent nations such as Pakistan, Myanmar and Kenya have been hit especially hard, while the U.S. is also facing higher gasoline prices due to global oil markets. Governments are responding with fuel subsidies, price caps and tax cuts, but the IMF has warned that prolonged support measures could strain public finances. Source: Axios