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Russian Ministry of Defense: 37 Ukrainian drones destroyed in 4 hours over regions of Russia and the Black Sea.
Sheikh Qassem: Our supporters make up more than half of Lebanon's population, and all of these people are united under the banner of protecting Lebanon, its Resistance, its people, and its integrity.
Sheikh Qassem: There will be no phased handing in of our arms. [The Israelis] must first enact the agreement before we start talking about a defensive strategy.
Sheikh Qassem: Be brave in the face of foreign pressures, and we will be by your side in this stance.
Sheikh Qassem: Stripping us of our arms is like stripping us of our very soul, and this will prompt us to show them our might.
Sheikh Qassem: We will not abandon our arms, for they gave us dignity; we will not abandon our arms, for they protect us against our enemy.
Sheikh Qassem: The US efforts we are seeing are aimed at sabotaging Lebanon and constitute a call for sedition.
Sheikh Qassem: If you truly want to establish sovereignty and work for Lebanon’s interests, then stop the aggression.
Sheikh Qassem: The United States, which is meddling in Lebanon, is not trustworthy but rather poses a danger to it.
Sheikh Qassem: The United States is preventing the weapons that protect the homeland.

The world's highest gas prices by country, Hong Kong tops list

  • By Al Mayadeen English
  • Source: Agencies
  • 4 Dec 2022 14:01
3 Min Read

Iceland, Norway, and Denmark are struggling with the highest cost in Europe, which has seen inflation hit 10% back in September. 

  • x
  • Energy protests in the UK (UK News)
    Energy protests in the UK (UK News)

Data from GlobalPetrolPrices.com show the different oil prices around the world, in various countries. 

Hong Kong pays the highest in the world - $11.10 per gallon - with both high gas taxes and land costs representing the main factors behind the increase in prices. It is then followed by the Central African Republic at $8.60 per gallon, as a net importer of gasoline. 

Iceland, Norway, and Denmark struggle with the highest cost in Europe, which has seen inflation hit 10% back in September. 

On Friday, the G7 nations and Australia issued a statement saying that had come to an agreement on the maximum price cap of Russian crude oil: $60 per barrel, a decision which will come into effect on December 5 according to the joint statement. A price cap developed by the US-led international coalition will be implemented on February 5, 2023. 

Gas is not the only matter skyrocketing in pricing: household electricity prices show as being the highest in Europe, where Denmark, Germany, and Belgium are double that of France and Greece, while other EU countries are more than twice or three times the global average of $0.14 per kilowatt-hour.

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Electricity prices in the EU jumped 32% when compared to prices of last year. As for the US, it was a recorded jump of 16% as opposed to September last year - the highest in over 40 years.

Ironically, as a result of global warming, natural gas demand dropped in the EU by 22% in October compared to last year. When it comes to natural gas, Brazil has the fourth highest prices, despite the fact that it generates half of the supply domestically. 

Read more: Russian official: Price cap on Russian oil will explode global prices

As for the region of Asia, Singapore has the highest natural gas prices with the majority of the share imported via tankers or pipelines. The EIA shows that European natural gas storage could plunge to 20% by February if demand rises and Russia shuts off supply completely. 

This comes after it was announced that by December, all seaborne crude oil from Russia to Europe will shut down. With no sure alternative, in that case, higher demand would drive an increase in the global competition for fuel.

However, the World Bank projects energy prices will decline 11% in 2023 after the world witnessed a 60% rise this year.

Read next: EC to propose automatic mechanism to regulate gas price hikes

  • Global economy
  • Hong Kong
  • Russia
  • energy
  • Oil
  • Gas prices
  • Ukraine

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Tom Artiom Alexandrovich, executive director of the defense division of the Israeli National Cyber Directorate, undated (Social media)

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  • 19 Aug 2025
Almost instantly after the Helsinki Accords were signed, organisations sprouted to document purported violations, whose findings were fed to overseas embassies for international amplification. (Al Mayadeen English; Illustrated by Zeinab el-Hajj)

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