EconomyWhy is inflation rising again around the world?

Higher energy prices are pushing inflation up again and prompting major central banks to raise interest rates. Oil passed $100 a barrel last week, while the Iran war has disrupted the Strait of Hormuz for six months and Houthi advances threaten Saudi supplies. Rising energy costs are reaching household and business bills, forcing policymakers to rethink the usual response to oil shocks.

inflationenergy pricesinterest ratesStrait of Hormuz

AAl Jazeera★★★★☆2026-09-17 10:50Original