WorldENERGY WATCH
European gas hits Iran wartime high
The Financial Times says the price spike tied to the Iran war could raise household energy bills across Europe; it is not yet clear by how much.
At a glance
- First reported by Financial Times: “European gas hits Iran wartime high”.
- Covered on BBN on Tuesday, October 13, 2026, at 5:46 AM ET on Wake Up, America, by Chip Darnell.
- Topics: European, Iran.
The real story
The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.
- Financial TimesEuropean gas hits Iran wartime high
What BBN said about it

Chip Darnell · U.S. News AnchorEuropean gas just hit its highest price since the Iran war began, and the Financial Times says that could push up household energy bills.

Chip Darnell · U.S. News AnchorJoining us from Zurich is Cornelius Marsh, senior managing partner at Halvorsen Grele Advisory. Cornelius, what does this mean for families?
Cornelius MarshLet me put a slide on that. It's a gas flame, rising. Chip, when gas prices go up, bills tend to go up as well.

Chip Darnell · U.S. News AnchorBills go up. I'd have paid good money for that, which I think I just did.
Cornelius MarshAt four thousand dollars an hour, you did. Now, let me put a slide on that: a second flame, angrier.

Chip Darnell · U.S. News AnchorSo is there anything a household can actually do about a war-driven gas price?
Cornelius MarshLet me put a slide on that. It's the Gas Wheel, laminated. Step one: use less gas. Step two: see step one.

Chip Darnell · U.S. News AnchorUse less gas.
Cornelius MarshCorrect. Our clients usually need three workshops before they believe it. Let me put a slide on that: a thermostat, weeping.

Chip Darnell · U.S. News AnchorI'll be honest, the thermostat slide is moving me. Is there a cheaper version of this advice for viewers at home?
Cornelius MarshLet me put a slide on that. It's a sweater. Put one on. The sweater is free; the explanation is eleven thousand dollars.

Chip Darnell · U.S. News AnchorCornelius Marsh, thank you for joining us this morning. Genuinely helpful.
Cornelius MarshThat thank-you took four seconds, Chip, so the invoice is coming. Let me put a slide on that: it has a lot of zeros.
From the archive: everything BBN aired on Tuesday, October 13, 2026 · the World archive · all months



