India, Sept. 16 -- The new fuel crisis in the world is shifting its effects from the oil market to the streets, business and transportation networks. Even though Brent crude has maintained prices above $100 per barrel because of interruptions related to the conflict in the broader Middle East on September 11, Brent closed at $104.61 and the International Energy Agency predicted that global oil supply would be reduced by 5.7 million barrels per day in 2026, which amounts to about 6%. The impact is already visible in Syria, Guatemala, Indonesia and Portugal, where higher fuel costs have triggered protests, road blockades and shortages.

Global Oil and Fuel Prices Snapshot

Fuel Price Hike Latest News: Syria as 40% Diesel Hike Sparks Protest...