Fuel shock hits Latin America: Steep prices stress economies and govt subsidies

Apr 8, 2026 #LatinAmerica #FuelCrisis #OilMarkets
The potential reopening of the Strait of Hormuz will be watched closely across the world. In
Apr 8, 2026 #LatinAmerica #FuelCrisis #OilMarkets
The potential reopening of the Strait of Hormuz will be watched closely across the world. In Latin America, rising gas prices are forcing many countries to reconsider their decisions to end fuel subsidies.

Al Jazeera’s Alessandro Rampietti reports from Panama.

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