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Oil prices rise due to fights

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The prices for energy rise fast. One barrel of oil costs more than 100 dollars. This is very high. Also gas gets more expensive now.

The reason for the high prices are fights. USA and Iran fight each other. The USA destroys 5 ships from Iran. Iran fires rockets at Jordan. Jordan is a partner of USA.

The fights happen at the Street of Hormuz. This is a narrow sea path. Many ships use this path. Now Iran blocks this path. Ships can not sail safely there.

Expensive oil changes many things. Fuel at the station costs more money. Heating with oil or gas costs more. Even electricity can get more expensive.

China buys a lot of oil right now. This pushes the price up more. Experts think oil gets even more expensive. This worries many people.

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Definitions

Roh-Öl
Oil in natural state from the earth.
Megawatt-Stunde
A unit for big amounts of energy.

Locations

Jordanien
A country in the Middle East.

Sources

Logo Al Jazeera
Al Jazeera

Brent crude surpasses $100 a barrel as Iran, US escalate attacks

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Logo Standard
Standard

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Logo Kurier
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Ölpreis wieder über 100 Dollar, Gaspreis kratzt an 80-Euro-Marke

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Südtirol News

Angriffe im Nahen Osten treiben Preise für Öl und Gas

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