Middle East war hits global economy: Fuel prices, mortgages & food costs soar

The economic fallout from the Middle East war is being felt worldwide—and ordinary people are paying the price. In this video, we break down:

Rising mortgage rates and borrowing costs as investors expect interest hikes

Soaring fuel prices and their impact on daily life

How higher oil costs are increasing business and transport expenses

Air travel costs surging as jet fuel prices spike across Europe and Asia

Energy bills expected to rise sharply in the UK and across Europe

The growing food crisis as farmers struggle with expensive fertilizer
Even if the conflict ends soon, experts warn that many of these rising costs are already locked in. What does this mean for your wallet and the global economy?
Al Jazeera's Milena Veselinovic, reports from London.


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