Axios, citing a WBG map, said the Iran war has pushed global fuel prices higher, with large gains in fuel-import-dependent economies. Pakistan pump prices rose 51% from Feb to Sep; the United States, the world’s largest oil and gasoline producer, saw gasoline climb 49% over the same period. Unlike some countries, the U.S. federal government has not imposed retail price caps or provided fuel subsidies.

2026-09-19

Axios, citing a WBG map, said the Iran war has pushed global fuel prices higher, with large gains in fuel-import-dependent economies. Pakistan pump prices rose 51% from Feb to Sep; the United States, the world’s largest oil and gasoline producer, saw gasoline climb 49% over the same period. Unlike some countries, the U.S. federal government has not imposed retail price caps or provided fuel subsidies.