How’s the current situation in your country amid the war?

[GeorgeJohn]

Here in EU where I am from, people definitely give a damn about the current situation, and it will be yet another hit on the budget as increase in gas price will cause  price increase for basically everything else.

But I'm very astonished for the war between another country causing a huge hardship to another country...The increase in price of gas, is also what is affecting the country I'm right now...the price of goods has skyrocket due to, increase in gas...People are complaining bitterly based on the increase of other commodities...

I don't know if the hardship may result out third world war? Because many countries are suffering because of increase in gas, due to the crisis.

[Rikafip]

I don't know if the hardship may result out third world war? Because many countries are suffering because of increase in gas, due to the crisis.

Nah, I don't think that situation will escalate so much as neither Russia or China are willing to join the war, and and that's the only scenario that could potentially casue WW3, and even then I am not so sure that it would escalate to that degree.

[bitterguy28]

I don't know if the hardship may result out third world war? Because many countries are suffering because of increase in gas, due to the crisis.

Nah, I don't think that situation will escalate so much as neither Russia or China are willing to join the war, and and that's the only scenario that could potentially casue WW3, and even then I am not so sure that it would escalate to that degree.

if they can avoid the war, they will. china and russia are powerful countries and they have their own wars to fight so they might not want to intervene with the one not directly involving them

[coinrifft]

I don't know if the hardship may result out third world war? Because many countries are suffering because of increase in gas, due to the crisis.

Nah, I don't think that situation will escalate so much as neither Russia or China are willing to join the war, and and that's the only scenario that could potentially casue WW3, and even then I am not so sure that it would escalate to that degree.

World leaders are not that stupid to join the war with the US/Israel like China or Russia, they might help behind, but not directly wanting to have a conflict specially against the United States. So I doubt that we might really see WWIII and this war might not escalate even further. Wars cost a lot of money specially for US right now as how expensive their supposedly smart missile that is hitting Iran's installation or it's whole army. So if I'm Trump, I will have to finished this war the soonest, as the longer the war is going, the most money they will have to spend on it and probably this is what Iran is trying to do.

[Zackz5000]

It's really hitting my country so badly ordinarily before now things was so expensive in my country now they have use the war as reason to increase more the price of things most expecially Petro, fuel has increased ×3 of of what it use to be before and anything that made fuel to increase every other things increase as well, transportation has increased and it has also affected other food items. People who are suffering this more is poor people. Let there be peace in the world.

[el kaka22]

Oil prices were impacted by many, and the worst thing is that, in my nation, things to do not go down in price when they go up. I see that in the USA, price of gas changes based on oil price, so it could go down if it becomes cheaper, and that's good, and even for USA who is at war, they can get cheaper gas if the price drops.

In my country, price of gas went up recently because of oil prices going up, now that oil prices are down, they are not dropping it lower and keeping it high like a barrel is 100+ dollars. That's literally the only thing we have seen impacted. But considering gas price going up, means all logistics costs go up, and that means everything else gets higher price, I would say economically it will not be good.

[EarnOnVictor]

Oil prices are crucial parts of the global economy, and I don't think that a way exists in this current system (where petroleum engines still dominate) that the effect will not be felt. The most painful part is that it causes chain effects, where almost every aspect of the economy will be directly or indirectly affected.

It all starts from the pump price, just as we see today. It was insane in my country, and the pump price even "more than" doubled when the war started. I do know how they come with that calculation, if not for the wickedness of the people that aggravates things like this.

[Lida93]

...

Yep, no country was prepared for this. However, in this kind of situation, we can see how developed countries have advantages just like this. They've got more reserve than third world countries. And they have better solutions/actions to help their people and their economy.

What's more worrisome is that, we'll never know until this war lasts. 60 days may seem a lot compared to others, but we are not sure if this war will end even before some countries reaches the last few days of their old reserve.

Just as the word "advanced" implies, I guess it speak much for them as given because at every point in preparation they seem to be ahead of the third world. Today makes it the 13th day since the conflict and from the news I hear about fresh air strikes from the countries involved and it's not looking like what's going to end any soon but countries has to prepare for the worse should there be more escalations than de-escalation.

[YOSHIE]

How’s the current situation in your country amid the war?

As you can see in the picture of Asia, especially Indonesia, oil is still safe for the next 20 days.
But the Minister of Human Resources has said openly in the media that currently Indonesia has turned to the US and Brazil for cooperation so that oil remains stable due to the Iran war.

So, for now my country's economy is still stable and oil stocks are under control, meaning that my country's government is not waiting for further destruction to determine the economy, quick transition measures are being optimized.

[whiteblue]

I don't know if the hardship may result out third world war? Because many countries are suffering because of increase in gas, due to the crisis.

Nah, I don't think that situation will escalate so much as neither Russia or China are willing to join the war, and and that's the only scenario that could potentially casue WW3, and even then I am not so sure that it would escalate to that degree.

The key lies with Russia and China. If either of them intervenes, we will enter a world war, as the power of these two major powers is clearly capable of crippling many interests.
The war with Iran today is not having a significant impact because the escalation is not that significant, and even neighboring countries, and the focus on the war between Iran, the US, and Israel is limited to public condemnation, without any military aggression, even against neighboring countries attacked by Iran.

[Bigjoe158]

I wanna know how’s the situation in other countries as well who are not directly affected by the attacks. Here in my country in the Philippines, we’re already seeing fear for the expected oil price hike. Some people are already panic buying fuels as it’s expected to increase more. Based on what on this, our country only has 60 days oil reserve. And it’s not enough because we don’t know until when this war will last.



Some gasoline stations already put up “out of stock” signage. It could be that they’re just hoarding it till the price increases even more. But regardless, we’ll definitely experience inflation. Oil price increases, transportation increases, electricity increases, all other stuff in the market are affected as well.

The government also urges the offices/companies to adapt a Work From Home setup. The executive offices are also looking into consideration to have a 4-day work setup and no unnecessary/unimportant travels to lessen the use of fuel for transportation.

Obviously, our country isn’t prepared for this one. And I’m worried of how big this problem will be in the next coming days.

In my country, fuel price has gone up, transportation has gone up meaning the prices of goods and services has gone up too. Mean while some moslems and christians are showing solidarity movement for or against what is happening in Iran there by causing unnecessary tension in my country. To cap it all there is a high cost of living in my country.

[sunsilk]

Oil prices are crucial parts of the global economy, and I don't think that a way exists in this current system (where petroleum engines still dominate) that the effect will not be felt. The most painful part is that it causes chain effects, where almost every aspect of the economy will be directly or indirectly affected.

It all starts from the pump price, just as we see today. It was insane in my country, and the pump price even "more than" doubled when the war started. I do know how they come with that calculation, if not for the wickedness of the people that aggravates things like this.

When oil prices pump, it affects everything. From the supply chain, logistics, all the cargos. They also pump with their service fees and that's why it's being passed on to the consumers which is us.

We have to endure these painful price increases because do we have a choice? maybe there are but very limited.

I guess that it's no longer just where the oil importers that passes through the Strait of Hormuz are being affected. But it is the entire world except for some few self sustaining countries that have food and energy security.

[Fortify]

I wanna know how’s the situation in other countries as well who are not directly affected by the attacks. Here in my country in the Philippines, we’re already seeing fear for the expected oil price hike. Some people are already panic buying fuels as it’s expected to increase more. Based on what on this, our country only has 60 days oil reserve. And it’s not enough because we don’t know until when this war will last.

Some gasoline stations already put up “out of stock” signage. It could be that they’re just hoarding it till the price increases even more. But regardless, we’ll definitely experience inflation. Oil price increases, transportation increases, electricity increases, all other stuff in the market are affected as well.

The government also urges the offices/companies to adapt a Work From Home setup. The executive offices are also looking into consideration to have a 4-day work setup and no unnecessary/unimportant travels to lessen the use of fuel for transportation.

Obviously, our country isn’t prepared for this one. And I’m worried of how big this problem will be in the next coming days.

I think my country in Europe has fairly limited reserves of gas and oil, so will probably be impacted by Israel & America's war on Iran even more. Fuel prices have already raised 10% and the trouble is there does not seem to be a shred of a plan, except Israeli taking the opportunity to destroy lots of military assets. Neither of them is wanting to get involved in a ground war and this kind of country is never going to be dominated purely by attacks from the air - no matter how good your missiles or aircraft are. In fact it's going to become ever more costly to wage this war because of the expensive weaponry used versus cheaper weapons, plus it is Iran's neighbors that feel the brunt of all this damage, not America. Like everything Trump touches it is just yet another disaster.

[Renampun]

The situation was also very bad in my country with oil prices had started to rise, and in my city, panic buying had even occurred in recent days, with people flocking to fuel their vehicles in anticipation of a possible price increase, the public panicked even more, realizing that our oil reserves wouldn't last long, only about 20 days, meanwhile most people here use motorcycles and cars to get to work, which made the situation even worse.

but now the situation is more under control because the Iranian ambassador to our country has guaranteed that tankers carrying oil to our country will not be targeted and that they will continue to maintain trade relations with us. at least the situation is more conducive now, although it's unclear how long this will last.

[lizarder]

Some gasoline stations already put up “out of stock” signage. It could be that they’re just hoarding it till the price increases even more. But regardless, we’ll definitely experience inflation. Oil price increases, transportation increases, electricity increases, all other stuff in the market are affected as well.

The government also urges the offices/companies to adapt a Work From Home setup. The executive offices are also looking into consideration to have a 4-day work setup and no unnecessary/unimportant travels to lessen the use of fuel for transportation.  

For my country, the impact may not be significant, but some situations are complicated by the long queues required to buy oil. Most people are panicking over the rising oil prices and the potential shortages caused by the war in the Middle East. Office operations are still running as usual with no instructions to work from home. I've seen offices remain open as usual with services operating normally. The war has indeed caused panic in the oil sector with a slight impact on industries whose raw materials require oil for their operations, even though the government has stated that there are no problems with our country's oil stocks.

The panic is actually caused by rumors deliberately fanned on social media about oil stocks, causing people to rush to gas stations. Furthermore, in the next few weeks, we will be celebrating Eid al-Fitr which will likely lead to many vehicles returning to their hometowns. The oil shortage is deliberately created to create panic, allowing some retailers to raise oil prices. The situation may remain relatively stable, but I predict a slight surge around Eid al-Fitr as public demand also increases.

[ndutndut]

I don't know if the hardship may result out third world war? Because many countries are suffering because of increase in gas, due to the crisis.

Nah, I don't think that situation will escalate so much as neither Russia or China are willing to join the war, and and that's the only scenario that could potentially casue WW3, and even then I am not so sure that it would escalate to that degree.

World leaders are not that stupid to join the war with the US/Israel like China or Russia, they might help behind, but not directly wanting to have a conflict specially against the United States. So I doubt that we might really see WWIII and this war might not escalate even further. Wars cost a lot of money specially for US right now as how expensive their supposedly smart missile that is hitting Iran's installation or it's whole army. So if I'm Trump, I will have to finished this war the soonest, as the longer the war is going, the most money they will have to spend on it and probably this is what Iran is trying to do.

Of course, Russia and China are playing behind the scenes they don't want to engage in open war directly. Russia and China are certainly helping Iran with intelligence and advanced technology. As long as these two countries don't get directly involved, World War III is unlikely.

I read news that Iran is rejecting a ceasefire. I don't know if this news is valid or not, because so far the war on social media is also very noticeable. Iran seems to be deliberately prolonging the war because it will put enormous financial pressure on America. The longer it continues, the greater the costs and Trump will face internal pressure because the true burden of the war lies with America. It can be concluded that Iran is rejecting the offer to end the war because a single American defeat would make the war even more expensive. Iran can't win against America, but Iran is ensuring that this war is too costly for America.

Furthermore, Iran understands this and has a trump card they have closed the Strait of Hormuz, so Iran is inviting all countries involved in this conflict. If Iran doesn't help, all countries will collapse due to the energy crisis. Closing the Strait of Hormuz for just one week is enough to destroy the global economy, let alone if it's closed for months. Currently, the tension in the Strait of Hormuz alone is causing panic among many including in my country. At the start of the war an official said oil stocks could only last 21 days.

[Cheema02]

Oil prices are crucial parts of the global economy, and I don't think that a way exists in this current system (where petroleum engines still dominate) that the effect will not be felt. The most painful part is that it causes chain effects, where almost every aspect of the economy will be directly or indirectly affected.

It all starts from the pump price, just as we see today. It was insane in my country, and the pump price even "more than" doubled when the war started. I do know how they come with that calculation, if not for the wickedness of the people that aggravates things like this.

Its very rational that global economy is mainly dependent on oil. the reason a little increase in oil prices have impact on whole type of stuff firstly with oil increse transport can become expensive so due transport all goods prices increase because its depends on transport so its work in chain and if one block prices is increased then its put effect on all chain so that the main reason behinds inflation. So in conflicts situations like Russian and Ukraine its damage the worlds oil supply so that why oil automatically increased in international markets. And mainly those countries are more affected who depends on oil for energy resources. But on oil not only conflicts and global ups and downs can affects some other factors may cause the reason of high prices like taxes and non professional trades. So due to these factors oil prices increased and cause economic pressure for a lot of countries.

[asriloni]

Here's in my country, the govt already warned the citizen about the worsening situation that may possibly to happen at the middle easy war. So they have told us to always be prepared when the bad thing happen. Yeah, they wanna us to do a prevention act to ensure we have a plan about our future when everything is getting harder to earn such as oil, money and etc.

The jump of oil already made some panic buying. yet majority of people in here are still comfy with the current situation. But at least we always be prepared when everything gets pricey due to the chained effect the increased price of oil. The cost to life is getting even more expensive, and living is getting harder.

[Vaculin]

Not good really since the fuel price hike does really affect a thousand of individuals. The government urge everyone to just live with discipline and work from home is now back slowly just to save from the daily's fare, electricity, and everything that becomes a basic need for every individual, especially those who are working an 8-hour day job.

However, I believe this won't  take long, eventually the problem will be given solution soon. I just worried for the Middle east countries OFW's, hope they can get back home soon knowing their lives are at risk there.