A new wave of price increases, which began in early April, has been triggered by escalating geopolitical tensions in the Middle East and disruptions to shipping routes, particularly through the vital Strait of Hormuz. Across the region, from bustling markets in Istanbul, Türkiye, to local shops in Baghdad, Iraq, and grocery stores in Amman, Jordan, citizens are experiencing the direct impact of these economic pressures. The instability in the region is directly affecting the cost of essential goods, highlighting the far-reaching consequences of geopolitical events on everyday life.
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