The war in Iran and tensions in the Middle East, marked by the lowest oil flow from the usual producers in the region, have caused a rise in fuel prices in almost all countries around the world, with Chile experiencing one of the largest increases following today's price hike. The Global Petrol Prices platform keeps track of prices and specifically how much they have risen since February 23, just days before the armed conflict in Iran began. Since then, and considering prices as of March 23, Nigeria (58%), Myanmar (55%), and the Philippines (54%) have seen the largest increases in fuel prices, with the latter even declaring a state of energy emergency.
In total, 65 countries or territories out of the 170 measured have experienced increases exceeding 10%. Updating the data for Chile to reflect today's increase, it would rank among the ten countries with the highest price hikes since the outbreak of the conflict in Iran, with a 36. 9% increase in 95-octane gasoline and 73.
9% in diesel. Its increase and current price for gasoline are very much in line with what has occurred in Peru, which saw a 35. 6% increase during this period.
The United States, one of the participants in the war, has seen a 30% increase in gasoline, while China has recorded a 23. 2% increase. Check the complete table below.
The largest price variations since the start of the war (Changes from February 23 to March 23*) * In the case of Chile, the comparison is from February 26 to March 26. ** Gasoline prices correspond to 95 octane in all countries. Sources: GlobalPetrolPrices.
