In line with prior expectations, we find that large domestic fuel price shocks - often linked to international price shocks - are a key driver of riots. In addition, we report a novel result: fuel riots are closely associated with domestic price regimes.

An exploration of the associat...
Countries that maintain fixed price regimes - notably net energy exporters -tend to have large fuel subsidies. When such subsidies become unsustainable, domestic price adjustments are large, often leading to riots.” Via @[email protected] wapo.st/4mbTHbw #giftArticle

Wartime fuel shortages spawn p...
Wartime fuel shortages spawn panic, robberies and killings in Asia

Gas is being stolen, and station workers in Bangladesh, Pakistan and India have been killed over shortages and high prices. Unrest is set to worsen the longer the war lasts.

The Washington Post