From BBC News.
The global economy continues to fluctuate as a result of the US-Israel war with Iran.
Energy prices are surging after a series of strikes on key oil and gas facilities over the last 48 hours — an Israeli attack on Iran’s South Pars gas field was followed by fresh Iranian strikes on energy plants in Qatar, Saudi Arabia, Kuwait and the United Arab Emirates. And Tehran’s blockade in the Strait of Hormuz has stopped most oil and gas tankers from getting through.
President Donald Trump has said that the US has "all the oil we need", but the price of oil and gas is increasing world-wide. It is now more expensive for millions of people to fill their cars with petrol, and heat their homes. And soon, analysts warn, rising energy costs could translate to higher food prices as well.
With the cost of living expected to be a significant factor in the US midterm elections later this year, could the growing economic pressure be what leads President Trump to end the war?
We ask the BBC’s business editor Simon Jack what it means for the average consumer, and the future of the conflict.
New episodes of the Global News Podcast are published twice a day. You can listen here: https://link.mgln.ai/GNP-YT
And you can find more of our YouTube episodes here: https://bbc.in/GlobalNewsPodcast


