A nationwide trucker strike in Mexico has been postponed after the group behind the protest negotiated a deal with Mexican authorities.
Iran’s truckers are on strike in 100 cities for the second time this year, causing fuel shortages. Meanwhile, the Iranian rial is rapidly losing its value, and the country’s biggest crude oil customers are cutting it off.
Although Brazil’s massive truck strike has come to an end, the ramifications are still rippling through the country’s supply chain, and it looks like it could take certain industries up to a year to recover.
Brazilian President Temer ended Petrobras’ practice of subsidizing diesel prices, which has sent fuel costs for independent truck drivers spiraling. The owner-ops went on strike 11 days ago, blocking the country’s highways and shutting down many sectors of the economy.
