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116 resultsfor “cost of US blockade on Iran”

Business

Airlines demand UK relax noise rules and cut flight tax as fuel shortage looms

Iran or the US blockade the strait of Hormuz. Last week the head of the International Energy Agency said flight cancellations would come soon if oil supplies from the Middle East were not restored, adding

The Guardian WorldApr 21
Politics

How the US-Israeli war is collapsing the sanctions regime on Iran

costs of dollar dependence impossible to ignore. Countries that have long endured the inconvenience of dollar-denominated trade are now facing its geopolitical risk in real time – watching the US weaponise the dollar access against

Al Jazeera EnglishApr 28
Politics

Can Russia serve as an economic lifeline for Iran amid the Hormuz blockade?

US withdrew from a 2015 nuclear deal with Iran and other nations in 2018 and reimposed sweeping sanctions on Tehran. Russia’s full-scale [invasion](/tag/ukraine-russia-crisis/) of Ukraine in 2022 served to accelerate that trend

Al Jazeera EnglishApr 29
Conflicts

Iran says ships entering strait of Hormuz must cooperate after vessel seized

blockade. A previous resolution was vetoed jointly by Russia and China on 7 April. The new draft is due to be discussed by the security council as early as Thursday. Iran says it has reached

The Guardian WorldMay 14
Politics

Republicans break ranks, but Senate fails to curb Trump’s Iran war powers

costly and unnecessary war.” Such bills are unlikely to pass in the Republican-controlled Senate and House of Representatives and would almost certainly be vetoed by Trump if they are approved. Still, the votes

Al Jazeera EnglishMay 13
Business

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

blockade](https://www.theguardian.com/world/2026/apr/19/trumps-sends-delegation-to-pakistan-for-possible-new-round-of-iran-war-talks) near the strait of Hormuz shipping channel had been seized. He wrote on social media: “We have full custody of their ship, and are seeing what’s on board!” The incident

The Guardian WorldApr 20
Business

Four key takeaways from Jerome Powell's final rate decision as Fed chair

Iran war. The conflict has pushed up energy costs and is also feeding through to higher prices at the pump and more expensive grocery bills. Against that backdrop, the Fed decided it was best

BBC NewsApr 29
Politics

UK borrowing costs hit highest since 1998 amid Starmer uncertainty

costs, and was betting against the pound. Stocks were also under pressure, with the [FTSE](https://www.theguardian.com/business/ftse) 100 index down nearly 1%. Banks fell, with Barclays dropping 4% in early trade, while Natwest

The Guardian WorldMay 12
Politics

Senate Republicans bypass Democrats to advance $70bn ICE and border patrol plan in ‘vote-a-rama’– US politics live

costs. The Senate adopted the final resolution 50-48, shortly after 3.30am ET. In other developments: - The Pentagon announced, without explanation, that “Secretary of the Navy John C Phelan is departing the administration, effective

The Guardian WorldApr 23
Business

Middle East crisis could cost world $1tn while oil firms make ‘obscene’ profit, analysis finds

costs, lower economic activity and rising employment. ![A tanker anchored in the strait of Hormuz off the coast of Iran.](https://i.guim.co.uk/img/media/973ffa3b625ff78168531c6ad6694231d6cb71af/0_0_6000_4000/master/6000.jpg?width=445&dpr=1&s=none&crop=none) A tanker anchored in the strait of Hormuz off the coast

The Guardian WorldApr 28
Conflicts

First Thing: US military seizes Iran-flagged ship trying to pass strait of Hormuz blockade

blockade near the strait of Hormuz. It is the first such interception since the US began blocking Iranian ports last week. Iran’s joint military command said Tehran would respond soon and called the US

The Guardian WorldApr 20
Conflicts

Life in limbo: How Iranians navigate a state of ‘no war, no peace’

Iran has paused air attacks, and Pakistani-mediated talks have sent Iranian Foreign Minister Abbas Araghchi to Islamabad, Muscat, and Moscow in recent days. Yet on the streets of Tehran, the absence of bombing does

Al Jazeera EnglishApr 29
Politics

Has Trump given up on the midterms?

cost Republicans at the midterm elections. With the U.S naval blockade in full swing - and Iran threatening to stop shipping in the Gulf in retaliation - the president’s latest assertion that the war is “very

BBC NewsApr 15
Tech

First Thing: Microsoft and Meta cut thousands of staff as they bet big on AI

costs. ## **Trump claims US has total control over strait of Hormuz after Iran seizes two container ships** ![Iran’s Revolutionary Guards released footage on Thursday that appeared to show naval forces boarding a container ship

The Guardian WorldApr 24
Conflicts

First Thing: ‘Impossible’ to reopen strait of Hormuz amid ‘flagrant’ ceasefire breaches, Iran says

US naval blockade of Iranian ports and “understands Iran is in a very weak position”. - **This is a developing story.** Follow the liveblog [here](https://www.theguardian.com/world/live/2026/apr/23/middle-east-crisis-live-news-us-iran-ceasefire-strait-of-hormuz-blockade-ships-latest-updates). ## **Leading California governor candidates spar in debate

The Guardian WorldApr 23
Politics

Hormuz tensions push ceasefire to the brink as Trump threatens Iran

blockade on the strategic shipping lanes. Washington said it helped two US merchant vessels through the strait, but ship-tracking websites show traffic through the waterway remains largely suspended. Admiral Brad Cooper, the head

Al Jazeera EnglishMay 4
Politics

Hegseth faces questions about Iran in first congressional appearance since war began

us at exactly the same place we were before." Iran's closing of the Strait of Hormuz, a vital shipping corridor for the world's oil, has sent fuel prices skyrocketing and posed problems

NPR Topics: NewsMay 1
Politics

Does Trump hold ‘all the cards’ against Iran in the Strait of Hormuz?

blockade is designed to choke Iran’s oil exports, its main revenue source. US officials say the measures have severely disrupted Iran’s trade, which relies heavily on sea routes. ## What leverage does Iran have

Al Jazeera EnglishMay 4
Politics

US Senate rejects another war powers resolution to limit Trump on Iran

Iran’s actions since the Islamic revolution in 1979 represented an imminent threat to the US. Speaking before Wednesday’s vote, US Senator Chris Murphy called the conflict a “bungled, mismanaged war” that has failed

Al Jazeera EnglishApr 15
Politics

Iran says US has responded to its latest peace proposal

blockade," he said. "Nobody is even challenging it." Trump also argued he did not need to meet a deadline for legislative approval of the war as the truce had paused the clock on any such

BBC NewsMay 3
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