# The real reason energy prices are skyrocketing

https://mins.news/en/video/82533

- BBC News, 2026-10-01 21:00 UTC
- Economy
- Original: https://www.youtube.com/watch?v=80TDM9Sm2Q0

> Fuel prices are reaching record highs worldwide as the US war with Iran continues beyond seven months. UK energy bills are still rising, inflation in Germany has reached its highest level in nearly three years, and the US Federal Reserve raised borrowing costs last month for the first time in more than three years. The squeeze is being felt globally.

## Related coverage

- [U.S. urges Europe to ‘immediately’ release diesel reserves as Iran war fuels record prices](https://mins.news/en/item/83098) — CNBC, 2026-10-02
- [Diesel’s Record Run Sidelines Truckers and Hits Voters’ Wallets](https://mins.news/en/item/81795) — Bloomberg News, 2026-10-01
- [Why diesel prices are surging, even in the world’s biggest exporter](https://mins.news/en/video/81143) — DW News, 2026-09-30
- [GOP senator pressed on Trump as Iran war drives up fuel costs](https://mins.news/en/video/79322) — CNN, 2026-09-29