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Wednesday, October 28, 2026Updated 00:28 UTC

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Americans Hit Hardest by War-Driven Oil Price Surge

Source: OilPrice.com · Oct 27, 2026 23:00 UTC

Oil refinery towers and pipes with a city skyline in the distance — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

Americans are paying the biggest portion of global energy price inflation resulting from the war in the Middle East, a Finnish energy and climate outlet has reported. Estimating the global total in fuel inflation at $468 billion, the Centre for Research on Energy and Clean Air said the U.S. portion of this total stood at $160 billion. On a per-capita basis, Americans are also paying the most, CREA

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