12:06 - 1.04.2026
April 1, Fineko/abc.az. The conflict over Iran has caused fuel prices to rise all over the world.
ABC.AZ informs that the largest growth was recorded in the Philippines – 54.2% and 81.6%, respectively.
In China, growth was 10%, in South Korea, growth was also 8.4% and 15.1%, respectively, in Japan, the pace was more modest (but the authorities there had already reached into reserves to contain prices).
Last Friday, Brent crude oil prices exceeded $110 per barrel (the highest since mid-2022). The International Energy Agency has warned that the crisis could lead to one of the largest disruptions in oil supplies in recent times.
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