Asharq Al-Awsat English·3 min read·medium
While Global Oil Demand Drops, US Drivers Keep Buying More Gas
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Asharq Al Awsat
✦AI Summary
Despite a global decline in oil demand and geopolitical tensions, US gasoline consumption rose in the second quarter of 2026. Experts attribute this to a return to in-office work and the fact that higher-income households are less sensitive to rising fuel prices.
While global oil demand is set to decline this year due to the US-Iran conflict, gasoline consumption in the United States increased in the second quarter of 2026.
economyenvironmentworld
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