42 resultsfor “What are oil companies doing about rising gas prices”
price rises that followed Russia’s invasion of Ukraine. Households across the world are [spiralling into debt](https://www.theguardian.com/business/2026/apr/30/rising-costs-forcing-3m-uk-households-skip-meals-which-report), farmers [cannot afford fertiliser](https://www.theguardian.com/business/2026/apr/23/fertiliser-short-supply-australia-farmers-bread-prices-strait-of-hormuz) and governments are remembering that a dependency
companies](https://www.npr.org/2026/04/14/nx-s1-5766431/us-iran-trump-lng-supply-strait-of-hormuz-qatar) The announcement comes after President Trump ordered the U.S. Navy to enforce a blockade of the Strait of Hormuz following U.S.-Iran peace talks in Islamabad over the weekend that ended