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8
  • This gives a good answer on where there may be actual oil shortages which is mostly objectively answerable. Additionally there are multiple direct and indirect effects of price increases and the price increases are to a large part psychological or due to market power. Commented yesterday
  • Depending on the area in Asia, they are shifting their purchases to other sources Commented yesterday
  • 2
    Wait until famines hit Africa. apnews.com/article/… Much fertilizer is made from natural gas, which is impact even more than oil both in terms of production cuts and price increases, at least in Europe. Ultimately it depends how you want to measure such things. $ lost or lives etc. Commented yesterday
  • 1
    I've heard that there are shipments that were originally bound for Asian countries have been rerouted to Europe. Commented yesterday
  • 4
    Asia, the largest and most populous continent. I suppose that narrows it down, but perhaps the people getting bombed in Iran might be a more specific group as "most affected." If you want to move past them, UAE on the other side of the straight, and Kuwait and Iraq who just lost their ability to export via sea might also stand in for most affected. Commented yesterday