BBNBonkers Broadcasting NetworkTuesday, October 13, 2026Tue, Oct 13Watch live

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.

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  1. 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.

  2. 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?

  3. 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.

  4. Chip Darnell · U.S. News AnchorBills go up. I'd have paid good money for that, which I think I just did.

  5. Cornelius MarshAt four thousand dollars an hour, you did. Now, let me put a slide on that: a second flame, angrier.

  6. Chip Darnell · U.S. News AnchorSo is there anything a household can actually do about a war-driven gas price?

  7. Cornelius MarshLet me put a slide on that. It's the Gas Wheel, laminated. Step one: use less gas. Step two: see step one.

  8. Chip Darnell · U.S. News AnchorUse less gas.

  9. Cornelius MarshCorrect. Our clients usually need three workshops before they believe it. Let me put a slide on that: a thermostat, weeping.

  10. 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?

  11. 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.

  12. Chip Darnell · U.S. News AnchorCornelius Marsh, thank you for joining us this morning. Genuinely helpful.

  13. 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.

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