‘I’ll be the one to lose’: Hawkers, drivers in Asia brace themselves for fuel shortage amid Iran war
Families and businesses across Asia are feeling the pinch as US-Israeli attacks on Iran and its retaliatory actions across the Persian Gulf, including on oil fields, have significantly disrupted fuel production and supply. KOLKATA/MANILA – The bombs have been falling in the Middle East for over a week, but a nondescript tea stall in Kolkata is among those feeling the aftershocks rippling through Asia since the war began. The stall’s owner, Mr Abhijit Chakraborty, 45, is worried that rising cooking gas prices could hurt his earnings. Indian state-run oil marketing companies raised the price of domestic cooking gas by 60 rupees (83 Singapore cents) for a 14.2kg liquefied petroleum...