# Why is inflation rising again around the world? | Counting the Cost

https://mins.news/en/video/63032

- Al Jazeera English, 2026-09-17 17:00 UTC
- Economy
- Original: https://www.youtube.com/watch?v=RB4HtoUTIoE

> Central banks once viewed oil shocks as temporary and avoided raising rates because doing so could hurt growth without lowering oil prices. But oil recently rose above $100 a barrel, while the six-month-old Iran war continues to disrupt the Strait of Hormuz and Houthi advances threaten Saudi supplies, pushing energy costs into household and business bills.

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