24 resultsfor “What led to the increase in oil prices this week”
oil crisis caused by the US-Israel war](https://www.theguardian.com/environment/2026/apr/24/global-oil-crisis-changed-fossil-fuel-industry-for-ever-iea-chief-fatih-birol) on Iran and the soaring [gas prices that followed Russia’s invasion of Ukraine](https://www.theguardian.com/environment/2026/apr/24/global-oil-crisis-changed-fossil-fuel-industry-for-ever-iea-chief-fatih-birol) in 2022. “We are dealing with
week projected [a hardened stance](/news/2026/4/25/irans-authorities-project-hardened-stance-with-more-talks-on-horizon) on negotiations with Washington, and pledged to fight the naval blockade of Iran’s southern waters, which the US Central Command insisted on Tuesday had “cut off economic trade
week](/news/2026/4/28/gulf-leaders-meet-in-saudi-arabia-for-first-time-since-start-of-war-on-iran) for their first in-person meeting since the outbreak of [the US–Israel war with Iran](/news/2026/3/18/iran-fires-missiles-drones-across-gulf-region-remains-in-war-crosshairs). Alongside security concerns, they also discussed expediting longstanding joint projects. Under the umbrella of the [Gulf
led Tehran’s delegation at the Islamabad talks, also met Munir. Reza Amiri Moghadam, Iran’s ambassador to Pakistan, said at an event in Islamabad that Tehran would not consider any venue other than Pakistan