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المشهد العربي
Global fuel support may top one trillion
Support costs for fuel worldwide are expected to exceed one trillion dollars this year due to ongoing repercussions of the Middle East conflict, rising energy prices, and governments' diminishing ability to protect consumers. A United Nations report states that countries have increased support measures and tax reductions as efforts to mitigate shocks from food and energy price surges. The report also anticipates that uncertainty will persist in the coming months, compounded by the potential impacts of the El Niño phenomenon, which could lead to widespread droughts and floods, further exacerbating the global food security crisis.
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