Switzerland has so far been relatively spared by the consequences of the crisis in the Middle East - but they are beginning to bite.
Aviation fuel prices have roughly doubled since the conflict in the Middle East began, pushing up airfares.
Keystone / Silva Schnurrenberger
Series Switzerland and fossil fuels,
Episode 6:
Two months of war in Iran have triggered a global energy shock and knock-on effects, shutting textile factories in India, grounding planes in parts of Europe, and forcing energy rationing across southeast Asia. Switzerland has so far been relatively spared, but the crisis is beginning to bite.
With fuel and gas prices having risen in recent days, here are some ways the conflict could affect households.
While global food prices have risen modestly so far, the full impact of the conflict has yet to be felt, analysts say.
As conflict in the Middle East escalates, prices of goods and services could continue to rise
From restaurant closures in the Philippines and petrol rationing in Sri Lanka, to Asian food production crises due to fertiliser…
Global supply chains are disrupted and prices are rising across sectors amid warnings worse is to come if conflict persists
The conflict is driving up energy prices; threatening food shortages in poor countries; and complicating options for the…
