Americans bore the biggest cost from the oil price shock.

Vietnam.vn EN

29/10/2026 03:06:00

The global fuel price surge has led to an estimated $468 billion in costs, with the US bearing $160 billion of this total.
Americans are facing a significant per capita cost of about $471, which is substantially higher than the global average of $60.
The findings highlight the disproportionate financial impact of the oil price shock on American consumers compared to the rest of the world. Read more

The Center for Research on Energy and Clean Air (CREA) estimates that the global fuel price surge has resulted in approximately $468 billion in costs, with the US accounting for $160 billion of that. On a per capita basis, each American is facing an additional cost of about $471, compared to a global average of around $60.

by Vietnam.vn

This article is provided by Vietnam.vn, authorized for use, and represents solely the author’s personal opinions. Please contact us in the event of any potential infringement.