From panic buying in Chile to $8 gas in California, photos show how people around the world are grappling with a growing energy crisis

Source: Business Insider

A worker refuels a vehicle at a gas station in Santiago, Chile, on Tuesday, March 24, 2026. Chile's government will hike fuel prices by as much as 54% on Thursday, stoking expectations for a steep rebound in inflation and triggering a wave of panic buying at gasoline stations across the country. Cristobal Olivares/Bloomberg via Getty ImagesEnergy costs are rising globally due to the effective closure of the Strait of Hormuz.