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Oil hits $117 a barrel

Global cost-of-living crisis, as people struggle to pay for fuel and food

In the U.S., President Trump's war in Iran has caused pain for low-income Americans. As voters go to the polls for nationwide Congressional elections, people are struggling to pay for food and fuel. The cost-of-living crisis deepens.

Brazilians will be voting for a new president on Sunday in a run-off election. The current president - Luiz In谩cio Lula da Silva - is being challenged by right-wing Senator Fl谩vio Bolsonaro in a tight race that will have consequences for the region and the world. We speak to economists in the country.

Presenter: Rahul Tandon
Producers: Neil Morrow & Neggeen Sadid

(Photo: A person pumps gas into their car at the 76 gas station at the corner of Roscoe Boulevard and Woodman Avenue in Los Angeles, California, USA, 04 September 2026. Credit: EPA/Shutterstock / Chris Torres)

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