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55 resultsfor “impact of Iran war on global food prices”

Politics

Reeves cuts VAT on summer days out to 5% as part of cost of living support

impact of the war in Iran on cash-strapped households. The chancellor told MPs on Thursday she would also raise more tax from global oil firms operating in the UK, to help meet the costs

The Guardian WorldMay 21
Politics

Iran warns of readiness for war and economic costs as US talks falter

War in our backyard in Hormuz?” Ghalibaf posted on X on Thursday, referring to [the US defense secretary](/news/2024/11/13/who-is-pete-hegseth-the-pro-israel-fox-news-host-picked-to-head-pentagon). “You know what’s crazier than $39 trillion in debt? Paying a pre-GFC [global financial

Al Jazeera EnglishMay 16
Politics

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

war, had a different take. "Geography doesn't change. People don't change that much either, so that is going to be a risk in terms of world energy that we'll have to manage

BBC NewsApr 18
Business

Four in five Britons worried Iran war will make food more expensive, poll finds

Iran war will make food more expensive, according to a new poll, as businesses warned the “window is closing” for ministers to cut energy costs for UK retailers. Research by Opinium found that

The Guardian WorldMay 6
Politics

How the Iran war is hitting the UK

food and then everything else are a major problem for those whose incomes are already stretched. Then there is the genuine fear of what a prolonged war could mean, such as a serious recession

Al Jazeera EnglishApr 29
Conflicts

Friday briefing: How Gaza, Lebanon and Iran have found themselves caught in an escalation without end

impact of rising inflation and oil prices, analysts inside Israel believe Netanyahu is now seeking to broaden the conflict for his own strategic ends. --- **Does Israel desire a broader conflict?** “This war began looking incredibly

The Guardian WorldJun 5
World

Calls for humanitarian corridor through strait of Hormuz as Iran war hits vital aid

Iran took turns at closing and blockading the strait of Hormuz shipping channel. Limiting the number of cargo ships passing through the 5km-wide passage has had an extraordinary global impact, reducing the global supply

The Guardian WorldApr 29
World

Aid cuts, drought and conflict leave Somalis desperate

global warming, bears the brunt. The recent cuts in foreign aid have not helped. They have had “a huge impact on our work”, said Mohamud Mohamed Hassan, Somalia director for NGO Save the Children. More

Al Jazeera EnglishMay 7
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

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
Science

UN tells world to brace for extreme weather as El Nino looms

Impacts will hit even harder, travel even farther, and cross borders with devastating speed,” said Guterres. The trend could help fuel especially [severe wildfires this year](/video/newsfeed/2026/5/28/europe-hit-by-record-breaking-heatwave), according to researchers at Imperial College London

Al Jazeera EnglishJun 2
Business

Economic shock from Iran war risks driving up global debt levels, says IMF

food, fuelling higher government borrowing costs, and hitting economic growth. After a rise in gross government debt levels to almost 94% of GDP last year, it warned this figure was on track to reach

The Guardian WorldApr 15
Science

We can make sure another Chornobyl disaster does not happen, here is how

impacts, and costs that continue to mount across generations. The lesson is clear. When nuclear systems fail, the consequences are long-lasting, widespread, and extraordinarily difficult to manage. The damage does not end when headlines

Al Jazeera EnglishApr 26
Business

Bangladesh seeks IMF aid: How badly has Iran war hit its economy?

global crude price surge. It raised the price of petrol from $0.95 per litre to $1.10 per litre. Diesel and kerosene prices also rose. However, the economic fallout in Bangladesh from the Iran war

Al Jazeera EnglishMay 27
World

Global energy crisis highlights meagre oil buffers in developing world

war on Iran have [impacted most of the world](/economy/2026/3/23/world-in-energy-crisis-worse-than-1970s-oil-shocks-combined-iea-head-says), import-reliant poorer countries are among the worst affected and the most lacking in energy reserves to cushion the blow. The International Energy Agency

Al Jazeera EnglishMay 12
Business

UK faces higher prices for eight months after war in Iran ends, says minister

war in Iran ends, a minister has said. The closure of the strait of Hormuz, a key shipping lane that carried a fifth of global oil and gas, has sent oil prices soaring since

The Guardian WorldApr 26
Business

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

war to pull global economy to post-COVID low: World Bank The [conflict](/news/2026/6/10/us-bombs-iran-after-trump-threat-tehran-closes-hormuz-strait-to-all-ships) in the Middle East is set to bring global economic growth to its slowest since the COVID-19 pandemic, the World

Al Jazeera EnglishYesterday
Business

‘Turbulent and dangerous’: How shipping is the new global battleground

prices to multiyear highs. “Even short of a full shutdown, ‘permissioning’ and pressure can impose major costs and uncertainty,” Jack Kennedy, head of MENA Country Risk at S&P Global Market Intelligence, said

Al Jazeera EnglishMay 1
Business

Oil prices rise and markets fall after US ship seizure hits Iran peace deal hopes

impact on international travel and [jet fuel shortages](https://www.theguardian.com/business/2026/apr/19/britons-holiday-uk-summer-flights-iran-war). IAG, the owner of British Airways, dropped 3.4%, while Wizz Air dropped 4.9%. Ryanair, Europe’s biggest airline, fell 3.3%. Rolls-Royce, which manufacturers

The Guardian WorldApr 20
Business

Lower gas and electricity bills behind UK inflation fall to 2.8%

impact the global prices. A lower rate of inflation does not mean prices are falling across the board, but that prices are rising more slowly than previously. The drop in inflation occurred despite the rise

BBC NewsMay 20
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