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Fuel prices soar on back of Iran war, leaving Yemeni labourers with no work
The escalating conflict in Iran has had a ripple effect on global fuel markets, leading to a significant surge in prices.
AI Summary
The escalating conflict in Iran has had a ripple effect on global fuel markets, leading to a significant surge in prices. This development has severe consequences for Yemen, where construction projects are now grinding to a halt. The rising fuel costs have triggered a chain reaction, causing building material prices to skyrocket. As a result, construction projects in Yemen are being paused, leaving many labourers without work. The impact of the Iran conflict on Yemen's construction industry is a stark reminder of the far-reaching consequences of global events on local economies.
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