Sri Lanka just declared wednesday a national holiday in an attempt to curb use of fuel

Phillipines is also having serious supply issues
Vietnam I hear has the highest prices bar none globally
And parts of Africa namely Southern African countries are also being hit tremendously hard as they are immensely energy dependent
I haven't even got to europe yet but I trust the issue remains sticky there as well
This can hit global credit markets as economies of scale scramble to pay debt and struggle with balooning energy prices
The US is the best positioned indeed to stomach the blow as they produce their own energy but that doesn't mean they are immune
My point is this isn't a simple taco moment. There are a lot of moving parts to this equation. This has the propensity to metastitisize into something far more accute
The dollar is your friend rn