S8 Ep600: Preview for later today. Simon Constable reports from France on skyrocketing energy prices fueled by the Iran war. With Brent crude up 50% and electricity soaring, diesel shortages and economic strain are looming for farmers. (2)
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 18 March 2026
⏱️ 3 minutes
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Summary
Preview for later today. Simon Constable reports from France on skyrocketing energy prices fueled by the Iran war. With Brent crude up 50% and electricity soaring, diesel shortages and economic strain are looming for farmers. (2)
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Transcript
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| 0:00.0 | Colleagues south of France, Simon Constable, reporting on energy prices up dramatically in the last month of the Iran War, 50% for fuel and more or less for that for electricity. |
| 0:16.1 | In particular, diesel is important. Simon lives among the farmers of France, the strength of the national |
| 0:22.4 | rally all around Simon in the south of France. And there are also suggestions of possible |
| 0:29.1 | shortages with the shock from the war. Here Simon explains. And the energy prices have no reason |
| 0:37.1 | not to go higher the longer the war goes on. |
| 0:40.5 | It's all supply chain magic that's not now working or could stop working. |
| 0:46.5 | Unknown. |
| 0:47.3 | Simon Constable. |
| 0:48.6 | Well, it's not very pleasing from a person living, but the good news is we're not being bombed at the moment |
| 0:55.2 | here in france which is is very good brent crude is was fetching a hundred and eight dollars per |
| 1:03.0 | barrel today which is up 50 percent in the last month not in the not not not in the last year or decade or whatever, but |
| 1:13.4 | it's up 50 percent. And that, that is huge. And if you look, look down on it and then say, well, |
| 1:18.6 | okay, well, how's that affect me? Well, for me and my wife, that affects a diesel price. |
| 1:24.3 | And to put this in perspective is people are looking at prices of diesel fuel in the US, and in some |
| 1:31.9 | places it's gone to over $5 per gallon. Here, we're at $7.70 per gallon, although it's sold in liters |
| 1:42.9 | and whatever we had this calculated before the show. |
| 1:47.0 | So that's pretty high and it's going to be a bit of a problem. |
| 1:51.2 | We also had one of the two filling stations for petrol, for gasoline, for diesel. |
| 1:58.5 | One of the two of them didn't have any diesel the other day. |
| 2:01.9 | The other one did, which is good, but I'm seeing shortages pile up, |
| 2:06.3 | and that is not a good situation because you don't want to be stranded on the road. |
| 2:09.9 | We've got electricity up 57% in a year. |
... |
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