Conflict drives up fuel prices in the region, leading to sales declines for market leaders like Toyota.
4 reports, 3 independent
Updated Sep 23
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- Reports
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New informationRepeats or wire copies
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What happened
Conflict drives up fuel prices in the region, leading to sales declines for market leaders like Toyota.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Myer is affected by rising fuel prices and consumer caution due to Middle East conflict.1 source
- Toyota reported mixed sales figures on June 29, showing an 11.1% rise in Japan but a significant 38.6% drop in the Middle East.Sub-event
Middle East conflict causes fuel price hikes, impacting corporate sales in the region.1 source
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The entities involved
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
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Philippines
archipelagic country in Southeast Asia
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Toyota
Japanese multinational automotive manufacturer
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