Klarnachrichten

High prices due to war in Iran

145

The war in Iran causes high costs. Energy in Germany becomes expensive. Many people use less energy now. A new survey shows this. About 2 of 3 people save power.

Many people heat less. Others save electricity. They switch off devices completely. They avoid the Stand-by-Betrieb. Many do not use their car. They ride bikes more often.

The price for oil rises further. There is no fast solution for the war. The USA and Iran fight. This makes the world market nervous. A barrel of oil costs much more money.

Not only energy becomes expensive. Oil for cars is rare. This hits the car industry hard. Even food costs more soon. Fertilizer for fields becomes more expensive.

Also metals like aluminium cost more money. People need this for cans or cars. Experts say: Many products in daily life become expensive. A fast end of high prices is not near.

This text was generated automatically and has not been reviewed for accuracy. No guarantee is given for the correctness of the content. Learn more Learn more about article generation

Definitions

Stand-by-Betrieb
This is a mode where machines are not fully off. They are ready to start fast.

Locations

Germany
A country in the middle of Europe.
Iran
A country in the Middle East. It has a war now.
USA
A big country in North America.

Sources

Logo Spiegel
Spiegel

Umfrage zu hohen Preisen: Zwei Drittel schränken Energieverbrauch ein

Read now
Südtirol News

Ölpreis wieder höher – Keine Lösung im Iran-Krieg in Sicht

Read now
Logo ZDFheute
ZDFheute

Kleidung, Lebensmittel: Was der Iran-Krieg für uns teurer macht

Read now

Latest articles

Economy

Finance & Stock Market

Possible interest rate rise by the ECB

Read now

Martin Kocher from the Austrian Central Bank talks about interest rates. If prices keep rising, the ECB must raise the interest rates soon.

Economy

Companies & Markets

Strikes in Italy cause flight cancellations

Read now

On Monday, labor unions strike in Italy. Many flights do not start. Easyjet and ITA Airways cancel many flights. Check your flight status on the internet.

Economy

Companies & Markets

Saudi Aramco makes high profit despite war

Read now

The oil company Saudi Aramco earns much money. The oil price is high. A war in the Iran causes problems for the oil trade. The company finds a good way out.

Politics

Cultural Policy

Stolen painting found at home of Nazi family

Read now

A stolen painting was found in the Netherlands. It belonged to a Jewish art dealer. Now the family of a Nazi leader wants to give it back.