There is war in the Middle East. The USA and Israel attack places in Iran. Iran defends itself against the attacks. Many ships can not travel safely now. The Strait of Hormuz is especially affected. This is an important route for ships with oil.
Because of the fighting, energy prices rise strongly. One barrel of oil now costs over 100 dollars. Gas also becomes much more costly for many people. This causes fear of high costs in Germany. The German government from Union and SPD looks for solutions.
Minister Katherina Reiche freed oil from reserves. This should lower prices for gasoline and diesel. But experts say: Prices will likely stay high longer. There is also conflict about the war in the USA. Donald Trump speaks with partners like Japan about help.
People in Germany feel the crisis when they heat their homes. Filling up cars also costs much more money than before. Many companies fear for their jobs. Politics wants to protect citizens from the price shock. But there is no quick solution for the war.
