Last updated: July 2, 2008 6:00 pm
Surging oil prices are forcing governments to reconsider their approach to subsidies and taxation, which may cause more prices rises to be passed on to the consumer. Will higher prices at the pump make a difference to Asia and the Middle East’s relentless increase in fuel demand, eventually tempering oil prices and proving those predicting $200 oil wrong?
Our interactive graphic shows selected protest actions and government policy changes.
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