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76 resultsfor “Impact of gas prices on the economy”

Business

US-Iran war to pull global economy to post-COVID low: World Bank

gas transit – in response to the hostilities launched by the US and Israel has put huge stress upon global energy and other supply chains. The World Bank estimates that Brent crude prices — the international

Al Jazeera EnglishJun 11
Politics

Iran war: What’s happening on day 74 as Tehran says ready for ‘aggression’

economy and harden tensions into a prolonged “frozen conflict”. - **Hormuz security meeting:** The United Kingdom and France will host defence ministers from 40 countries on Tuesday to discuss plans to restore trade flows through

Al Jazeera EnglishMay 12
Business

UK inflation rate rises to 3.3% in March after Iran war pushes up fuel prices

economy vulnerable". "Tax hikes, reckless spending and disastrous energy policies have left Britain exposed," he said, calling for the government to cut the benefits bill, lower taxes, and for new North Sea drilling. Liberal Democrat

BBC NewsApr 22
Politics

How the Iran war is hitting the UK

gas prices are climbing and inflation fears are back. But the bigger risk is ‘demand destruction’. “Demand destruction happens when high prices force people and businesses to buy less. We’re seeing it already

Al Jazeera EnglishApr 29
Business

Asian stocks fall as US and Iran exchange fire – business live

impact of the war in Iran on imported energy costs, and of course the fading drag from from negative carry-over effect from last year, which most people forget. > > While oil and gas futures markets

The Guardian WorldJun 10
Politics

California and New York weaken climate rules as red states ramp up green energy

prices spike across the country amid trade disruptions stemming from the US-Israeli war on Iran. Proponents have said the changes are necessary to suppress electricity costs, but climate advocates say that view is short

The Guardian WorldJun 4
Politics

Iran’s currency falls to new low as US blockade, sanctions impact trade

impact of the naval blockade enforced by the United States. The Iranian rial shot above 1.81 million to the US dollar on the open market by early afternoon on Wednesday before partially recovering. The embattled

Al Jazeera EnglishApr 29
Business

UK unemployment unexpectedly rises to 5% as firms squeezed by Iran war

impact of the Iran war. The Office for National Statistics (ONS) said the rate of unemployment was up in the three months to March, from 4.9% in February, a rate that City economists had expected

The Guardian WorldMay 19
Business

Faisal Islam: Why the UAE's exit from Opec is a big deal

impacted the UAE's relationship with Iran and may affect its already strained relationship with Saudi Arabia. As for Opec, this is a big blow at a time when significant questions are being asked about

BBC NewsApr 28
Politics

Democrats urged to link clean energy to affordability as Iran war hikes up prices

prices Democrats should get louder in championing clean energy’s affordability and resilience from global shocks, according to some of the party’s leading voices on the climate. As the [Iran](https://www.theguardian.com/world/iran)

The Guardian WorldApr 20
Conflicts

As US-Iran talks remain ‘stalled’, experts warn of ‘long-term disruptions’

gas exports pass from the Middle East, mainly to Asia and also to Europe. More recently, the US has put in place its own blockade to cut off any ships carrying Iranian oil and eventually

Al Jazeera EnglishApr 28
Politics

$25bn or $1 trillion: How much has Iran war really cost the US?

economy due to increased gas and food prices. “You don’t know what we paid in terms of the missiles that hit the Iranian school. You don’t know what we’re paying in terms

Al Jazeera EnglishApr 30
Business

EU farmers and hauliers to get up to €50,000 to cover extra costs of Iran war

impacted because of the rising fuel and fertiliser prices, it said. No relief has been offered to airlines and airports regarding jet fuel, but potential future intervention has not been ruled out. Individual member states

The Guardian WorldApr 29
Politics

Trump government extends Jones Act waiver by 90 days to dampen oil prices

impact on lowering prices is questionable](/economy/2026/4/13/energy-prices-rise-despite-jones-act-suspension-by-trump), reflects a broader push by the White House to dampen politically sensitive fuel price spikes before November’s midterm elections, where affordability is expected to be a defining

Al Jazeera EnglishApr 24
Politics

The UAE’s OPEC exit is not about oil; it is the end of Gulf solidarity

economy, defend a shared rent and speak with a coordinated voice to Western consumers. That institutional fiction has just collapsed. When the United Arab Emirates (UAE) announced its withdrawal from OPEC and the expanded coalition

Al Jazeera EnglishApr 29
Politics

Trump claims US has total control over strait of Hormuz after Iran seizes two container ships

impact of the war on the global economy could linger long after any peace deal was agreed. A Pentagon spokesperson described the report as “inaccurate” but did not provide specific objections. In his Truth Social

The Guardian WorldApr 23
Politics

Guardian Essential poll: Australians want higher tax on gas exports and extension of petrol excise cut

impact of the Iran war bites,” said Peter Lewis, executive director of Essential Media. “This creates real challenges for the treasurer leading into the budget, but there is strong support for measures to review housing

The Guardian WorldApr 29
Conflicts

Maths behind Hormuz toll: Is paying Iran for transit cheaper than blockade?

impact of blockading the Strait of Hormuz also goes beyond traffic flow. The disruption in the flow of oil, gas, fertilisers and maritime traffic in general has left several countries reeling under a rising cost

Al Jazeera EnglishMay 21
Business

Tax season was supposed to bring big refunds. So far they're less than expected

economy during an event at the Circa Resort and Casino in Las Vegas, Saturday, Jan. 25.](https://npr.brightspotcdn.com/dims3/default/strip/false/crop/3866x3866+967+0/resize/100/quality/85/format/jpeg/?url=http%3A%2F%2Fnpr-brightspot.s3.amazonaws.com%2Fca%2Ff8%2F9472c3aa4d4e9353168b86cef055%2Fap25025784744874.jpg)](https://www.npr.org/2025/07/03/g-s1-75790/no-tax-on-tips-congress-trump-big-beautiful-bill) ### [Politics](https://www.npr.org/sections/politics/) ### [Congress passed no tax on tips in Trump's 'big, beautiful bill

NPR Topics: NewsApr 15
Politics

What people in power think the impact of the Iran war will be

economy would recover fast, he said. However, the Canadian finance minister François-Philippe Champagne, who was present at all the key meetings and has been at the sharp end of dealing with Trump's tariff

BBC NewsApr 18
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