From plane to egg: why does oil affect the price of everything? A war in the Middle East could impact Brazilians' pockets because the region has large oil reserves. And more expensive oil makes fuels such as gasoline and diesel more expensive, and increases the cost of transportation in a country where almost everything moves by trucks. This cascading effect reaches the prices of food, industrial products and agribusiness, as oil is also a raw material for packaging, plastics and fertilizers, putting pressure on inflation and even decisions on interest rates. In this video, you will understand the effects of the sharp rise in oil prices on your pocket. Every week, g1 Explains simplifies the economy, the financial market and financial education, showing how all of this affects your pocket.