World
How much for gas? Around the world, pain is felt at the pump
Published
4 years agoon
COLOGNE, Germany (AP) — At a gas station near the Cologne, Germany, airport, Bernd Mueller watches the digits quickly climb on the pump: 22 euros ($23), 23 euros, 24 euros. The numbers showing how much gasoline he’s getting rise, too. But much more slowly. Painfully slowly.
“I’m getting rid of my car this October, November,” said Mueller, 80. “I’m retired, and then there’s gas and all that. At some point, you’ve got to scale back.”
Across the globe, drivers like Mueller are rethinking their habits and personal finances amid skyrocketing prices for gasoline and diesel, fueled by Russia’s war in Ukraine and the global rebound from the COVID-19 pandemic. Energy prices are a key driver of inflation that is rising worldwide and making the cost of living more expensive.
A motorcycle taxi driver in Vietnam turns off his ride-hailing app rather than burn precious fuel during rush-hour backups. A French family scales back ambitions for an August vacation. A graphic designer in California factors the gas price into the bill for a night out. A mom in Rome, figuring the cost of driving her son to camp, mentally crosses off a pizza night.
Decisions across the world’s economy are as varied as the consumers and countries themselves: Walk more. Dust off that bicycle. Take the subway, the train or the bus. Use a lighter touch on the gas pedal to save fuel. Review that road trip — is it worth it? Or perhaps even go carless.
For the untold millions who don’t have access to adequate public transportation or otherwise can’t forgo their car, the solution is to grit their teeth and pay while cutting costs elsewhere.
Nguyen Trong Tuyen, a motorcycle taxi driver working for the Grab online ride-hailing service in Hanoi, Vietnam, said he’s been simply switching off the app during rush hour.
“If I get stuck in a traffic jam, the ride fee won’t cover the gasoline cost for the trip,” he said.
Many drivers have been halting their services like Tuyen, making it difficult for customers to book rides.
In Manila, Ronald Sibeyee used to burn 900 pesos ($16.83) worth of diesel a day to run his jeepney, a colorfully decorated vehicle popular for public transportation in the Philippines that evolved from U.S. military jeeps left behind after World War II. Now, it’s as much as 2,200 pesos ($41.40).
“That should have been our income already. Now there’s nothing, or whatever is left,” he said. His income has fallen about 40% due to the fuel price hikes.
Gasoline and diesel prices are a complex equation of the cost of crude oil, taxes, the purchasing power and wealth of individual countries, government subsidies where they exist, and the cut taken by middlemen such as refineries. Oil is priced in dollars, so if a country is an energy importer, the exchange rate plays a role — the recently weaker euro has helped push up gasoline prices in Europe.
And there’s often geopolitical factors, such as the war in Ukraine. Buyers shunning Russian barrels and Western plans to ban the country’s oil have jolted energy markets already facing tight supplies from the rapid pandemic rebound.
There’s a global oil price — around $110 a barrel — but no global pump price due to taxes and other factors. In Hong Kong and Norway, you can pay more than $10 per gallon. In Germany, it can be around $7.50 per gallon, and in France, about $8. While lower fuel taxes mean the U.S. average for a gallon of gas is somewhat cheaper at $5, it’s still the first time the price has been that high.
People in poorer countries quickly feel the stress from higher energy prices, but Europeans and Americans also are being squeezed. Americans have less access to public transport, and even Europe’s transit networks don’t reach everyone, particularly those in the countryside.
Charles Dupont, manager of a clothing store in Essonne region south of Paris, simply has to use his car to commute to work.
“I practice eco-driving, meaning driving slower and avoiding sudden braking,” he said.
Others are doing what they can to cut back. Letizia Cecinelli, filling her car at a Rome gas station, said she was biking and trying to reduce car trips “where possible.”
“But if I have a kid and I have to take him to camp? I have to do it by cutting out an extra pizza,” she said.
Pump prices can be political dynamite. U.S. President Joe Biden has pushed for Saudi Arabia to pump more oil to help bring down gas prices, deciding to travel to the kingdom next month after the Saudi-led OPEC+ alliance decided to boost production. The U.S. and other countries also have released oil from their strategic reserves, which helps but isn’t decisive.
Several countries have fuel price caps, including Hungary, where the discount doesn’t apply to foreign license plates. In Germany, the government cut taxes by 35 euro cents a liter on gasoline and 17 cents on diesel, but prices soon began to rise again.
Germany also has introduced a discounted 9-euro monthly ticket for public transportation, which led to crowded stations and trains on a recent holiday weekend. But the program only lasts for three months and is of little use to people in the countryside if there’s no train station nearby.
In fact, people are pumping just as much gas as they did before the pandemic, according to Germany’s gas station association.
“People are filling up just as much as before — they’re grumbling but they’re accepting it,” group spokesman Herbert Rabl said.
Is there any relief in sight? A lot depends on how the war in Ukraine affects global oil markets. Analysts say some Russian oil is almost certain to be lost to markets because the European Union, Russia’s biggest and closest customer, has vowed to end most purchases from Moscow within six months.
Meanwhile, India and China are buying more Russian oil. Europe will have to get its supply from somewhere else, such as Middle Eastern exporters. But OPEC+, which includes Russia, has been failing to meet its production targets.
For many, spending on things like nights out and, in Europe, the near-religious devotion to extended late summer vacations, are on the cutting table.
Isabelle Bruno, a teacher in the Paris suburbs, now takes the bus to the train station instead of making the 10-minute drive.
“My husband and I are really worried about the holidays because we used to drive our car really often while visiting our family in southern France,” she said. “We will now pay attention to train tickets and use our car only for short rides.”
Leo Theus, a graphic designer from the San Francisco Bay Area city of Hayward, has to be “strategic” in budgeting gas as he heads to meet clients — he might not fill the tank all the way. Gas prices in California are the highest in the U.S., reaching close to $7 per gallon in some parts of the state.
When it comes to going to a club or bar after work, “you’ve got to think about gas now, you got to decide, is it really worth it to go out there or not?” Theus said.
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World
Ecuador Honors Marco Rubio With National Order of Merit Grand Cross
Published
2 weeks agoon
September 10, 2026President Daniel Noboa recognizes U.S. secretary of state during Quito visit focused on security, counternarcotics cooperation and stronger U.S.-Ecuador relations
QUITO, Ecuador (FNN) — Ecuadorian President Daniel Noboa awarded U.S. Secretary of State Marco Rubio the National Order of Merit in the degree of Grand Cross on Wednesday, recognizing Rubio’s role in strengthening relations between the United States and Ecuador.
The Sept. 9 ceremony took place at the Carondelet presidential palace in Quito during Rubio’s South American diplomatic tour. Official State Department photography confirms Noboa presented the decoration to Rubio during the ceremony.
The honor came as Rubio and Noboa emphasized deeper cooperation on regional security, transnational organized crime, drug trafficking and economic prosperity.
ECUADOR RECOGNIZES RUBIO’S ROLE IN BILATERAL RELATIONS
An executive decree read during the ceremony cited Rubio’s “distinguished services” and commitment to strengthening ties between Ecuador and the United States.
The decree highlighted bilateral cooperation against transnational organized crime, narcotics trafficking and illicit financial networks.
Noboa praised Rubio’s diplomatic engagement in Latin America and said the relationship between the two countries extends beyond government-to-government cooperation.
Ecuadorian media also reported that the award recognized Rubio’s contributions to bilateral relations and cooperation on security.
RUBIO: U.S.-ECUADOR RELATIONS HAVE IMPROVED
Accepting the decoration, Rubio called it a “great honor” and emphasized what he described as significant improvements in relations between the two countries.
Rubio focused particularly on two priorities: security and prosperity.
He said governments must provide security to create conditions for economic opportunity and pledged continued cooperation from President Donald Trump’s administration.
The Quito meeting was Rubio’s third meeting with Noboa, according to Rubio’s remarks.
SECURITY COOPERATION TAKES CENTER STAGE
The ceremony came during a broader visit focused heavily on counternarcotics and security cooperation.
Rubio announced that the Trump administration would seek approximately $45 million from Congress for security assistance to Ecuador, along with an additional $10 million targeting illegal gold mining, gang recruitment and illicit finance, according to Reuters.
The United States also designated Ecuadorian criminal organization Los Tiguerones as a foreign terrorist organization during Rubio’s visit.
Ecuador has become an increasingly important U.S. partner in regional counternarcotics operations under Noboa. The country has struggled with escalating violence involving criminal organizations competing over drug-trafficking routes and access to ports.
NOBOA PRAISES RUBIO’S LATIN AMERICAN ENGAGEMENT
Noboa used the ceremony to emphasize Rubio’s connection to Latin America and his work on regional security.
The Ecuadorian president said Rubio’s approach has helped strengthen relationships between the United States and countries throughout the region.
“We have achieved, working hand in hand with the United States, to provide more peace, health and also more liberties,” Noboa said through an interpreter, according to the ceremony transcript.
Noboa described the decoration as one of Ecuador’s highest honors. Independent reporting characterized the National Order of Merit in the Grand Cross degree as a major Ecuadorian national distinction awarded for extraordinary service.
RUBIO’S SOUTH AMERICAN DIPLOMATIC TOUR
Ecuador was part of a broader South American trip for Rubio.
He traveled to Ecuador after meeting Colombian President Abelardo De La Espriella, with security, counternarcotics cooperation and economic relations among the major subjects of the trip. Rubio was then scheduled to travel to Peru.
The Ecuador visit underscored the Trump administration’s effort to strengthen relationships with regional governments cooperating with Washington on narcotics trafficking, migration and security.
For Rubio and Noboa, the Grand Cross ceremony also provided a symbolic backdrop for an expanding bilateral relationship centered on security cooperation, combating organized crime and economic ties.
US NATIONAL NEWS
U.S. Expands Sanctions Targeting Iran’s Financial Networks and Regime Financiers
Published
2 months agoon
July 10, 2026WASHINGTON (FNN NEWS) — The Trump administration announced a new round of sanctions Friday targeting individuals and businesses accused of helping finance Iran’s ruling elite and facilitating international financial transactions on behalf of the Iranian regime.
The sanctions, announced by the U.S. Department of the Treasury, target a global financial network that U.S. officials say supports Iran’s Supreme Leader and other senior regime officials.
Global Financial Network Targeted
According to the administration, the sanctions focus on Ali Ansari, a Dubai-based Iranian national accused of managing an extensive network of real estate and commercial holdings across multiple countries on behalf of Mojtaba Khamenei, the son of Iran’s Supreme Leader, and other regime insiders.
U.S. officials said the network includes assets and business interests in:
- Germany
- United Kingdom
- Spain
- Cyprus
- United Arab Emirates
- Other international jurisdictions
The administration alleges the network has been used to help Iranian regime officials maintain access to international financial markets.
Currency Exchange Houses Sanctioned
The Treasury Department also imposed sanctions on three Iran-based currency exchange firms and their associated leadership:
- Mohammad Darbani and Partners
- Lavasani and Partners
- Mohsen Khandan and Partners
The sanctions also extend to the firms’ managing partners and affiliated front companies.
According to the administration, these entities allegedly enabled Iran to obtain foreign currency and conduct international financial transactions despite existing U.S. sanctions.
Administration Cites Maximum Pressure Campaign
The White House said the latest designations are part of President Donald Trump’s broader strategy to increase economic pressure on Iran.
Administration officials said they will continue targeting individuals, businesses and financial institutions—including foreign entities—that facilitate illicit Iranian commerce or assist the regime in evading U.S. sanctions.
The administration maintains that the sanctions are intended to pressure Iran to end what it describes as destabilizing activities in the region and to hold accountable those who enable corruption within the Iranian government.
Authorities Used for Sanctions
The sanctions were imposed under multiple executive authorities, including:
- Executive Order 13902, targeting Iran’s financial and petroleum sectors.
- Executive Order 13876, focusing on Iran’s Supreme Leader and affiliated individuals.
- Executive Order 13224, as amended by Executive Order 13886, which provides counterterrorism sanctions authority.
Treasury officials said the latest designations build upon previous actions by the Office of Foreign Assets Control (OFAC) targeting Iran’s shadow banking system and currency exchange networks.
World
U.S., CARICOM IMPACS Sign Landmark Biometrics Data-Sharing Agreement to Strengthen Border Security
Published
2 months agoon
July 10, 2026WASHINGTON (FNN NEWS) — The U.S. Department of Homeland Security (DHS) and the CARICOM Implementation Agency for Crime and Security (CARICOM IMPACS) signed a Biometrics Data Sharing Partnership (BDSP) Memorandum of Cooperation (MOC) on Friday, establishing a new framework for sharing biometric information to strengthen border security and immigration screening.
The agreement was signed July 10 at the Embassy of Saint Kitts and Nevis in Washington, D.C.
Strengthening National and Regional Security
According to DHS, the agreement enhances U.S. national security by enabling biometric information sharing between the United States and CARICOM member states that operate Citizenship by Investment (CBI) programs.
Officials said the partnership will improve the ability of both the United States and participating Caribbean nations to identify potential security threats before individuals enter the United States.
The agreement is also intended to help prevent individuals from exploiting Citizenship by Investment programs to evade immigration or law enforcement screening, addressing what officials described as a critical gap in Western Hemisphere security.
Supporting Immigration Integrity
The memorandum also reflects Caribbean governments’ commitment to strengthening immigration integrity and aligning border security practices with U.S. standards.
DHS said the partnership reinforces regional cooperation on identity verification, information sharing and security screening while supporting lawful travel and international security efforts.
Senior Officials Attend Signing Ceremony
The signing ceremony brought together senior representatives from:
- U.S. Department of Homeland Security
- White House Homeland Security Council
- U.S. Department of State
- CARICOM IMPACS
Diplomatic representatives from the following Caribbean nations also participated:
- Antigua and Barbuda
- Dominica
- Grenada
- Saint Kitts and Nevis
- Saint Lucia
- Saint Vincent and the Grenadines
These countries currently operate Citizenship by Investment programs that provide foreign nationals a pathway to citizenship through qualifying investments.
Regional Security Cooperation Expands
The Biometrics Data Sharing Partnership represents one of the most significant security cooperation agreements between the United States and CARICOM member states in recent years.
Officials said the framework will strengthen information sharing, improve border security, support immigration integrity and enhance efforts to identify individuals who may pose security risks before they travel to the United States.
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