Price Pain Stokes Political Upheaval in South Asia

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South Asia is witnessing political turmoil in countries hit by a spike in the cost of living, with Imran Khan ousted as Pakistan's prime minister and Sri Lanka’s President Gotabaya Rajapaksa facing nationwide protests. Although the circumstances in both countries differ, surging food and fuel prices are major factors. The political fallout from spiraling economic crises sends a wider message about the need to rein in inflation and contain oil prices. But with no end to the Ukraine conflict in sight and producers unwilling or unable to pump enough, the price pain could trigger wider upheaval.

Diesel/Gasoil, Crude Oil, Oil Demand
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