The real reason energy prices are skyrocketing | BBC News

This BBC News special programme, presented by Maryam Moshiri, looks at the rise in energy and fuel prices around the world. It describes record fuel prices, rising energy bills in the UK, the highest inflation in Germany in almost three years, and a recent increase in borrowing costs by the US Federal Reserve. The programme is linked to the US war with Iran, which the description says has continued beyond its seventh month. Using reporting from its global teams, the programme covers the impact of these price rises from Asia to Africa, explains what governments and institutions are doing in response, and outlines steps consumers can take. Source: BBC News.

• Global fuel prices are at record highs
• UK energy bills continue to rise; German inflation is at its highest level in almost three years
• The US Federal Reserve raised borrowing costs for the first time in over three years
• Global reporting from Asia to Africa, with practical advice for consumers

Across the world fuel prices are hitting record highs - as the US war with Iran continues beyond its seventh month. In the UK, energy bills continue to rise - inflation in Germany has hit its highest level in almost three years - and last month the US federal reserve raised the cost of borrowing for the first time in more than three years. The crunch is real - and being felt everywhere. During this special programme presented by Maryam Moshiri we take a global perspective - with our global teams we hear about the impact - from Asia to Africa and explain what is being done, and what you as a consumer can do too. Subscribe to our channel here: https://bbc.in/bbcnews For the latest news download the BBC News app or visit BBC.com/news #EnergyPrices #BBCNews