Six weeks of kerosene in Europe, three million new poor in the Philippines: the energy bill of war

Germany

STATE MEDIA

1 SOURCE

Single source

Rich consumers worried · 2 of 7 countries

Germany discovers that the oil shock hits first where it hurts most: SMEs in transport, trapped in multi-year contracts

India

2 SOURCES

Emerging powers in crisis mode · 2 of 7 countries

India compares the energy shock to Covid and deploys a crisis plan worth $26.8 billion

Indonesia

STATE MEDIA

1 SOURCE

Single source

Emerging powers in crisis mode · 2 of 7 countries

Indonesia buys Russian and American oil simultaneously, illustrating post-Hormuz energy realpolitik

Iraq

1 SOURCE

Single source

Epicenter of the shock · 1 of 7 countries

Iraq relays the IMF: unprecedented shock for the Gulf, five countries contracting, forecasts halved

Morocco

1 SOURCE

Single source

Global South in social emergency · 2 of 7 countries

Morocco increases transport fuel subsidies by 25 percent without ever mentioning the war

Philippines

2 SOURCES

Global South in social emergency · 2 of 7 countries

The Philippines experience the energy crisis as a social emergency with 3.1 million potential new poor

United Kingdom

1 SOURCE

Single source

Rich consumers worried · 2 of 7 countries

The United Kingdom frames the global energy crisis through cancelled flights and threatened summer vacations