100+ datasets found
  1. Global monthly fuel price index 2020-2025

    • statista.com
    Updated Jan 15, 2020
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    Statista (2020). Global monthly fuel price index 2020-2025 [Dataset]. https://www.statista.com/statistics/1302801/monthly-fuel-energy-price-index-worldwide/
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    Dataset updated
    Jan 15, 2020
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2020 - Sep 2025
    Area covered
    Worldwide
    Description

    The global fuel energy price index stood at 157.89 index points in September 2025, up from 100 in the base year 2016. Figures decreased that month due to a fall in natural gas prices. The fuel energy index includes prices for crude oil, natural gas, coal, and propane. Supply constraints across multiple commodities The global natural gas price index surged nearly 11-fold, and the global coal price index rose almost seven-fold from summer 2020 to summer 2022. This notable escalation was largely attributed to the Russia-Ukraine war, exerting increased pressure on the global supply chain. Tariffs bring economic uncertainty With the global economy having adjusted to the effects of the Russia-Ukraine war, new uncertainty has emerged due to tariffs imposed by the Trump administration. If these tariffs are fully implemented, global trade could be significantly disrupted, mainly the bilateral trade between the world’s two largest economies. In 2025, import tariffs between China and the United States exceeded 130 percent on both sides, while their tariffs on imports from the rest of the world were around 10 percent. U.S. tariffs on Chinese imported goods reached a high of 134.7 percent in April of that year, while China imposed a 147.6 percent tariff on U.S. goods. Early estimates indicate that the impact of Trump’s proposed tariffs on the U.S. economy could amount to 0.4 percent of GDP, mainly driven by the reduced trade with Mexico, Canada and China.

  2. G

    Gasoline report - international gasoline prices

    • open.canada.ca
    • data.ontario.ca
    csv, html, xlsx
    Updated Oct 22, 2025
    + more versions
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    Government of Ontario (2025). Gasoline report - international gasoline prices [Dataset]. https://open.canada.ca/data/en/dataset/db90f229-be24-468a-bbce-46f710e7af76
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    xlsx, csv, htmlAvailable download formats
    Dataset updated
    Oct 22, 2025
    Dataset provided by
    Government of Ontario
    License

    Open Government Licence - Canada 2.0https://open.canada.ca/en/open-government-licence-canada
    License information was derived automatically

    Description

    This dataset provides monthly, quarterly and annual average regular or premium unleaded gasoline pump prices, taxes and ex-tax pump prices in Canada, USA, France, Germany, Britain and Japan, all converted to Canadian cents per litre. To view charts and current fuel price data you can also visit the motor fuel prices page. *[USA]: United States of America

  3. T

    Gasoline - Price Data

    • tradingeconomics.com
    • tr.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Dec 2, 2025
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    TRADING ECONOMICS (2025). Gasoline - Price Data [Dataset]. https://tradingeconomics.com/commodity/gasoline
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    json, csv, xml, excelAvailable download formats
    Dataset updated
    Dec 2, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Oct 3, 2005 - Dec 2, 2025
    Area covered
    World
    Description

    Gasoline fell to 1.86 USD/Gal on December 2, 2025, down 0.53% from the previous day. Over the past month, Gasoline's price has fallen 2.79%, and is down 4.95% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Gasoline - values, historical data, forecasts and news - updated on December of 2025.

  4. Global premium gasoline prices 2025, by select country

    • statista.com
    Updated Nov 27, 2025
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    Statista (2025). Global premium gasoline prices 2025, by select country [Dataset]. https://www.statista.com/statistics/1266921/automotive-unleaded-premium-prices-by-country/
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    Dataset updated
    Nov 27, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Aug 4, 2025
    Area covered
    Worldwide
    Description

    Hong Kong had the highest prices for premium gasoline (95-RON) on August 4, 2025. That day, prices averaged 3.58 U.S. dollars per liter, which was notably more than in any other country. While oil-rich countries enjoy some of the lowest gasoline prices, drivers in big car markets such as Europe pay around two U.S. dollars per liter.

  5. Worldwide fuel prices

    • hub.tumidata.org
    xlsx
    Updated Jun 4, 2024
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    TUMI (2024). Worldwide fuel prices [Dataset]. https://hub.tumidata.org/dataset/worldwide-fuel-prices
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    xlsx(870681)Available download formats
    Dataset updated
    Jun 4, 2024
    Dataset provided by
    Tumi Inc.http://www.tumi.com/
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Description

    This dataset comprises fuel prices from over 250 countries including

    • gasoline
    • diesel
    • super

    The data ranges from 1999 up to 2020

  6. Gasoline Price Trend and Forecast

    • procurementresource.com
    Updated Feb 25, 2022
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    Procurement Resource (2022). Gasoline Price Trend and Forecast [Dataset]. https://www.procurementresource.com/resource-center/gasoline-price-trends
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    pdf, excel, csv, pptAvailable download formats
    Dataset updated
    Feb 25, 2022
    Dataset provided by
    Authors
    Procurement Resource
    License

    https://www.procurementresource.com/privacy-policyhttps://www.procurementresource.com/privacy-policy

    Time period covered
    Jan 1, 2014 - Dec 2, 2027
    Area covered
    Latin America
    Description

    Get the latest insights on price movement and trend analysis of Gasoline in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

  7. Gasoline prices in African countries 2025

    • statista.com
    Updated Nov 27, 2025
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    Statista (2025). Gasoline prices in African countries 2025 [Dataset]. https://www.statista.com/statistics/1297061/average-retail-prices-for-gasoline-in-africa-by-country/
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    Dataset updated
    Nov 27, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Apr 14, 2025
    Area covered
    Africa
    Description

    Consumers in Central African Republic paid the highest price for gasoline in Africa as of April 2025. One liter of the fuel cost on average 1.9 U.S. dollars in the country. In Senegal, the retail price for gasoline octane-95 reached on average 1.71 U.S. dollars per liter, the second-highest on the continent. On the other hand, consumers living in traditional crude oil producers in Africa, such as Nigeria, Algeria, Angola, Libya, and Egypt spent less money on gasoline. For instance, one liter cost 0.03 U.S. dollar in Libya, among the cheapest in the world.

  8. S

    Petrol Price in International Market

    • indexbox.io
    doc, docx, pdf, xls +1
    Updated Dec 1, 2025
    + more versions
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    IndexBox Inc. (2025). Petrol Price in International Market [Dataset]. https://www.indexbox.io/search/petrol-price-in-international-market/
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    doc, xlsx, pdf, docx, xlsAvailable download formats
    Dataset updated
    Dec 1, 2025
    Dataset authored and provided by
    IndexBox Inc.
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2012 - Dec 2, 2025
    Area covered
    World
    Variables measured
    Price CIF, Price FOB, Export Value, Import Price, Import Value, Export Prices, Export Volume, Import Volume
    Description

    Learn about the various factors that influence the price of petrol in the international market, including supply and demand dynamics, geopolitical events, economic conditions, and government policies. Understand how these factors interact to cause daily fluctuations in petrol prices and how they can impact consumers, businesses, and economies worldwide.

  9. R

    Russia Average World Price: Diesel Fuel (Gasoil)

    • ceicdata.com
    Updated Oct 15, 2025
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    CEICdata.com (2025). Russia Average World Price: Diesel Fuel (Gasoil) [Dataset]. https://www.ceicdata.com/en/russia/average-world-prices-crude-oil-export-price-crude-oil-export-duty/average-world-price-diesel-fuel-gasoil
    Explore at:
    Dataset updated
    Oct 15, 2025
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2017 - Dec 1, 2018
    Area covered
    Russia
    Variables measured
    Trade Prices
    Description

    Russia Average World Price: Diesel Fuel (Gasoil) data was reported at 556.400 USD/Ton in Dec 2018. This records a decrease from the previous number of 644.300 USD/Ton for Nov 2018. Russia Average World Price: Diesel Fuel (Gasoil) data is updated monthly, averaging 654.000 USD/Ton from Jan 2009 (Median) to Dec 2018, with 119 observations. The data reached an all-time high of 1,030.100 USD/Ton in Mar 2012 and a record low of 292.500 USD/Ton in Jan 2016. Russia Average World Price: Diesel Fuel (Gasoil) data remains active status in CEIC and is reported by Ministry of Finance of the Russian Federation. The data is categorized under Global Database’s Russian Federation – Table RU.PC002: Average World Prices, Crude Oil Export Price, Crude Oil Export Duty.

  10. Synthetic Sri Lanka Fuel Prices 2010–2025

    • kaggle.com
    Updated Aug 9, 2025
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    Dewmi Nimnaadi (2025). Synthetic Sri Lanka Fuel Prices 2010–2025 [Dataset]. https://www.kaggle.com/datasets/dewminimnaadi/synthetic-sri-lanka-fuel-prices-20102025
    Explore at:
    CroissantCroissant is a format for machine-learning datasets. Learn more about this at mlcommons.org/croissant.
    Dataset updated
    Aug 9, 2025
    Dataset provided by
    Kaggle
    Authors
    Dewmi Nimnaadi
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    Sri Lanka
    Description

    This dataset contains synthetically generated monthly fuel price data for Sri Lanka from January 2010 to August 2025, covering five major fuel types:

    • Petrol 92
    • Petrol 95
    • Diesel Auto
    • Diesel Super
    • Kerosene

    Prices are not real — they are created using a statistical simulation model that incorporates realistic market behaviors and macroeconomic effects such as:

    • Global oil price fluctuations
    • Exchange rate changes
    • Policy revisions and tax adjustments
    • Seasonal demand shifts
    • Crisis-related volatility (e.g., synthetic 2020 pandemic dip, 2022 FX/debt crisis spike)

    The dataset is designed for educational, research, and data science practice purposes — ideal for time-series forecasting, trend visualization, and policy simulation exercises.

    How to Use

    You can use this dataset for:

    • Time-Series Forecasting – Build ARIMA, Prophet, LSTM, or XGBoost models to predict future fuel prices.
    • 📈 Policy Impact Analysis – Simulate how events affect fuel prices.
    • 📊 Data Visualization – Create dashboards showing trends by fuel type.
    • 🧪 Feature Engineering – Generate lag features, moving averages, seasonal indicators, and volatility measures.
    • 🔍 Categorical Analysis – Study correlations between change_reason and price changes.

    Note: Missing values are included in certain months for some fuel types to simulate real-world data gaps. This allows testing of imputation and data cleaning techniques.

    Data Dictionary

    ColumnDescriptionType / ValuesExample
    dateMonth start date (YYYY-MM-DD)Date2022-07-01
    fuel_typeFuel typePetrol_92, Petrol_95, Diesel_Auto, Diesel_Super, KerosenePetrol_92
    price_lkr_per_litreSynthetic retail price per litre (LKR)Integer, may have missing values470
    change_reasonMain driver of price changeglobal_oil, fx_rate, policy_revision, tax_adjustment, seasonalpolicy_revision
    notesAdditional contextStringSynthetic monthly price index; not real market data.

    Example Uses

    • Forecast price_lkr_per_litre using historical patterns.
    • Compare volatility between fuel types.
    • Visualize the synthetic 2022 “crisis spike” and its recovery trend.
    • Apply missing value imputation methods for price gaps.

    Important Notes

    • This dataset is entirely synthetic — it is not sourced from CEYPETCO, Lanka IOC, or any real provider.
    • It is intended only for learning and research purposes.
    • Missing values are intentional to mimic incomplete real-world datasets.
    • Price patterns are designed to be realistic but do not reflect real historical prices.

    💬 Feel free to discuss anything related to this dataset in the comments — suggestions, ideas, or ways to improve it are welcome!

  11. S

    Switzerland Gasoline Price: Value: Unleaded 95

    • ceicdata.com
    Updated Sep 15, 2025
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    CEICdata.com (2025). Switzerland Gasoline Price: Value: Unleaded 95 [Dataset]. https://www.ceicdata.com/en/switzerland/fuel-prices/gasoline-price-value-unleaded-95
    Explore at:
    Dataset updated
    Sep 15, 2025
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 1, 2024 - Feb 1, 2025
    Area covered
    Switzerland
    Variables measured
    Petroleum
    Description

    Switzerland Gasoline Price: Value: Unleaded 95 data was reported at 1.720 CHF/l in Apr 2025. This stayed constant from the previous number of 1.720 CHF/l for Mar 2025. Switzerland Gasoline Price: Value: Unleaded 95 data is updated monthly, averaging 1.515 CHF/l from Jan 1993 (Median) to Apr 2025, with 388 observations. The data reached an all-time high of 2.250 CHF/l in Jun 2022 and a record low of 0.960 CHF/l in Feb 1993. Switzerland Gasoline Price: Value: Unleaded 95 data remains active status in CEIC and is reported by Swiss Federal Statistical Office. The data is categorized under Global Database’s Switzerland – Table CH.P002: Fuel Prices.

  12. d

    Master Data: Year- and Month-wise International FOB (Free On Board) Price of...

    • dataful.in
    Updated Nov 24, 2025
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    Dataful (Factly) (2025). Master Data: Year- and Month-wise International FOB (Free On Board) Price of Petrol and Diesel [Dataset]. https://dataful.in/datasets/18191
    Explore at:
    xlsx, application/x-parquet, csvAvailable download formats
    Dataset updated
    Nov 24, 2025
    Dataset authored and provided by
    Dataful (Factly)
    License

    https://dataful.in/terms-and-conditionshttps://dataful.in/terms-and-conditions

    Area covered
    India
    Variables measured
    International FOB Prices
    Description

    High Frequency Indicator: The dataset contains year- and month-wise historically compiled data from the year 2018-19 to till date on International Free On Board (FOB) price of Petrol and Diesel

    Notes:

    1. The FOB (Free On Board) price is the price of goods at the frontier of the exporting country or price of a service provided to a non-resident. It includes the values of the goods or services at the basic price, the transport and distribution services up to the frontier, the taxes minus the subsidies
    2. Petrol Prices are for 92RON Singapore Gasoline.
    3. Diesel Prices are for 10PPM Arab Gulf Gasoil.
  13. Average road fuel prices per week in the UK 2022-2025, by type

    • statista.com
    Updated Jun 1, 2024
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    Statista (2024). Average road fuel prices per week in the UK 2022-2025, by type [Dataset]. https://www.statista.com/statistics/1293135/uk-weekly-average-gas-prices/
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    Dataset updated
    Jun 1, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 31, 2022 - Oct 27, 2025
    Area covered
    United Kingdom
    Description

    On October 27, 2025, the price of ultra-low sulfur unleaded petrol (gasoline) in the United Kingdom averaged 134.4 pence per liter. This compared to 143.26 pence per liter for diesel. Diesel prices were consistently higher than petrol/gasoline prices throughout this period, although the margin varied. Reasons for such differences in pricing lie in the refining process and molecular makeup of the products, with diesel requiring more complex refining processes and being an overall heavier liquid. As motor fuel pricing in the UK is not regulated by a monitoring body, there may also be notable differences in prices between retailers and regions. Supermarkets provide lowest fuel prices in the UK In the UK, much of the motor fuel is sold through supermarkets. Large supermarkets, or hypermarkets, account for more than 40 percent of all motor fuel sales in the country. The reason for their popularity often lies in the fact that they offer lower average prices. In the last four years, regular petrol/gasoline sold at supermarkets was up to six pence per liter cheaper than the national average. How UK fuel prices compare to the rest of the world Tied as they are to crude oil prices, motor fuels are generally cheapest in major producing countries, such as Iran, Venezuela, and Russia. In Europe, costs of importing the raw or finished products, in addition to taxes and levies, may hike up pump prices significantly. The UK is often among the countries with the highest petrol/gasoline prices, alongside other large European car markets such as France and Germany.

  14. Turkey Gasoline price

    • knoema.com
    csv, json, sdmx, xls
    Updated Oct 2, 2025
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    Knoema (2025). Turkey Gasoline price [Dataset]. https://knoema.com/atlas/Turkey/Gasoline-price
    Explore at:
    json, sdmx, xls, csvAvailable download formats
    Dataset updated
    Oct 2, 2025
    Dataset authored and provided by
    Knoemahttp://knoema.com/
    Time period covered
    1995 - 2016
    Area covered
    Turkey
    Variables measured
    Pump price for gasoline
    Description

    Gasoline price of Turkey sank by 31.07% from 2.06 US dollars per liter in 2014 to 1.42 US dollars per liter in 2016. Since the 0.79% upward trend in 2012, gasoline price plummeted by 44.09% in 2016. Fuel prices refer to the pump prices of the most widely sold grade of gasoline. Prices have been converted from the local currency to U.S. dollars.

  15. G

    Gasoline prices in South East Asia | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated Feb 14, 2021
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    Globalen LLC (2021). Gasoline prices in South East Asia | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/rankings/gasoline_prices/South-East-Asia/
    Explore at:
    excel, csv, xmlAvailable download formats
    Dataset updated
    Feb 14, 2021
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1991 - Dec 31, 2016
    Area covered
    Asia, World
    Description

    The average for 2016 based on 11 countries was 0.76 dollars. The highest value was in Singapore: 1.25 dollars and the lowest value was in Brunei: 0.37 dollars. The indicator is available from 1991 to 2016. Below is a chart for all countries where data are available.

  16. World Gasoline price

    • knoema.com
    csv, json, sdmx, xls
    Updated Nov 2, 2025
    + more versions
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    Knoema (2025). World Gasoline price [Dataset]. https://knoema.com/atlas/World/Gasoline-price
    Explore at:
    json, xls, csv, sdmxAvailable download formats
    Dataset updated
    Nov 2, 2025
    Dataset authored and provided by
    Knoemahttp://knoema.com/
    Time period covered
    1998 - 2016
    Area covered
    World
    Variables measured
    Pump price for gasoline
    Description

    Gasoline price of World sank by 27.61% from 1.34 US dollars per liter in 2014 to 0.97 US dollars per liter in 2016. Since the 15.57% jump in 2012, gasoline price plummeted by 31.21% in 2016. Fuel prices refer to the pump prices of the most widely sold grade of gasoline. Prices have been converted from the local currency to U.S. dollars.

  17. T

    Trinidad and Tobago TT: Pump Price for Diesel Fuel: USD per Liter

    • ceicdata.com
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    CEICdata.com, Trinidad and Tobago TT: Pump Price for Diesel Fuel: USD per Liter [Dataset]. https://www.ceicdata.com/en/trinidad-and-tobago/transportation/tt-pump-price-for-diesel-fuel-usd-per-liter
    Explore at:
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 1998 - Dec 1, 2016
    Area covered
    Trinidad and Tobago
    Variables measured
    Vehicle Traffic
    Description

    Trinidad and Tobago TT: Pump Price for Diesel Fuel: USD per Liter data was reported at 0.300 USD in 2016. This records an increase from the previous number of 0.240 USD for 2006. Trinidad and Tobago TT: Pump Price for Diesel Fuel: USD per Liter data is updated yearly, averaging 0.225 USD from Dec 1998 (Median) to 2016, with 6 observations. The data reached an all-time high of 0.300 USD in 2016 and a record low of 0.200 USD in 2000. Trinidad and Tobago TT: Pump Price for Diesel Fuel: USD per Liter data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Trinidad and Tobago – Table TT.World Bank.WDI: Transportation. Fuel prices refer to the pump prices of the most widely sold grade of diesel fuel. Prices have been converted from the local currency to U.S. dollars.; ; German Agency for International Cooperation (GIZ).; Median;

  18. Global diesel prices 2025, by select country

    • statista.com
    Updated Aug 12, 2025
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    Statista (2025). Global diesel prices 2025, by select country [Dataset]. https://www.statista.com/statistics/1266885/automotive-diesel-prices-by-country/
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    Dataset updated
    Aug 12, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Aug 4, 2025
    Area covered
    Worldwide
    Description

    Hong Kong has some of the highest diesel prices in the world. As of August 4, 2025, drivers in Hong Kong paid an average of 3.49 U.S. dollars per liter of automotive diesel. This was more than three times the amount paid by drivers in Mainland China. Lower prices are often linked to substantial domestic crude oil production and government subsidies, as is the case in countries such as Venezuela, Iran, and the United States.

  19. Cameroon Gasoline price

    • knoema.com
    csv, json, sdmx, xls
    Updated Oct 2, 2025
    + more versions
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    Knoema (2025). Cameroon Gasoline price [Dataset]. https://knoema.com/atlas/Cameroon/Gasoline-price
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    xls, sdmx, csv, jsonAvailable download formats
    Dataset updated
    Oct 2, 2025
    Dataset authored and provided by
    Knoemahttp://knoema.com/
    Time period covered
    1992 - 2016
    Area covered
    Cameroon
    Variables measured
    Pump price for gasoline
    Description

    Gasoline price of Cameroon sank by 16.94% from 1.24 US dollars per liter in 2014 to 1.03 US dollars per liter in 2016. Since the 5.26% jump in 2010, gasoline price slumped by 14.17% in 2016. Fuel prices refer to the pump prices of the most widely sold grade of gasoline. Prices have been converted from the local currency to U.S. dollars.

  20. Morocco Gasoline price

    • knoema.com
    csv, json, sdmx, xls
    Updated Oct 2, 2025
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    Knoema (2025). Morocco Gasoline price [Dataset]. https://knoema.com/atlas/Morocco/Gasoline-price
    Explore at:
    sdmx, xls, json, csvAvailable download formats
    Dataset updated
    Oct 2, 2025
    Dataset authored and provided by
    Knoemahttp://knoema.com/
    Time period covered
    1992 - 2016
    Area covered
    Morocco
    Variables measured
    Pump price for gasoline
    Description

    Gasoline price of Morocco sank by 28.26% from 1.38 US dollars per liter in 2014 to 0.99 US dollars per liter in 2016. Since the 15.45% jump in 2012, gasoline price plummeted by 30.28% in 2016. Fuel prices refer to the pump prices of the most widely sold grade of gasoline. Prices have been converted from the local currency to U.S. dollars.

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Link copied
Close
Cite
Statista (2020). Global monthly fuel price index 2020-2025 [Dataset]. https://www.statista.com/statistics/1302801/monthly-fuel-energy-price-index-worldwide/
Organization logo

Global monthly fuel price index 2020-2025

Explore at:
2 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
Jan 15, 2020
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
Jan 2020 - Sep 2025
Area covered
Worldwide
Description

The global fuel energy price index stood at 157.89 index points in September 2025, up from 100 in the base year 2016. Figures decreased that month due to a fall in natural gas prices. The fuel energy index includes prices for crude oil, natural gas, coal, and propane. Supply constraints across multiple commodities The global natural gas price index surged nearly 11-fold, and the global coal price index rose almost seven-fold from summer 2020 to summer 2022. This notable escalation was largely attributed to the Russia-Ukraine war, exerting increased pressure on the global supply chain. Tariffs bring economic uncertainty With the global economy having adjusted to the effects of the Russia-Ukraine war, new uncertainty has emerged due to tariffs imposed by the Trump administration. If these tariffs are fully implemented, global trade could be significantly disrupted, mainly the bilateral trade between the world’s two largest economies. In 2025, import tariffs between China and the United States exceeded 130 percent on both sides, while their tariffs on imports from the rest of the world were around 10 percent. U.S. tariffs on Chinese imported goods reached a high of 134.7 percent in April of that year, while China imposed a 147.6 percent tariff on U.S. goods. Early estimates indicate that the impact of Trump’s proposed tariffs on the U.S. economy could amount to 0.4 percent of GDP, mainly driven by the reduced trade with Mexico, Canada and China.

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