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Fuel price shock: Why developing economies are paying the most at the pump

Fuel price shock: Why developing economies are paying the most at the pump

Feed excerpt — reported by UN News

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 agency.

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