Phys.org

As the climate breaks down, costs go up: Welcome to 'climateflation'

As the climate breaks down, costs go up: Welcome to 'climateflation'WorldPing

If you ask an economist why everything is so expensive these days, you will likely get an answer explaining how oil—the lifeblood of the global economy—is currently facing supply bottlenecks in the Strait of Hormuz, thereby driving up global energy prices.

This is a short WorldPing brief. The full report was published by Phys.org.

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Brief by WorldPing · Original reporting by Deutsche Welle