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71 resultsfor “impact of Iran war on global industry”

Business

BHP defies its own climate strategy to spend hundreds of millions on polluting diesel trucks in Pilbara

impact our previously projected timelines for deploying battery-electric heavy mobile equipment and locomotives at [Western Australian Iron Ore],” the report said. In a statement to the Guardian, BHP said no Australian miner

The Guardian WorldMay 25
Politics

Missiles to munitions: Does the US risk running out of key weapons?

impacting manufacturing at speed, wrote Albert Vidal Ribe, an analyst at the International Institute for Strategic Studies. This is creating challenges not only for the US, but also for its Gulf allies, many of which

Al Jazeera EnglishMay 23
Politics

Australia news live: Albanese and Sultan of Brunei pledge energy cooperation; antisemitism royal commission to hold first public hearings in May

impact of this global action. But we’re not immune from it. **Penny Wong: ‘Global supply pressures will continue for some time’** The foreign minister, **Penny Wong**, also briefed reporters on her first visit

The Guardian WorldApr 15
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

Even if the Iran war ended today, US fuel prices aren’t likely to normalize this year

Iran in late February, says [Denton Cinquegrana](https://www.opis.com/blog/post-author/denton-cinquegrana/), chief oil analyst at Dow Jones Energy. “For retail prices to drop $1.50, I think we could kiss that number goodbye for 2026,” he says

The Guardian WorldMay 23
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

Could key climate talks mark ground zero in global push to ditch fossil fuels?

impactful than all previous crises combined, according to Fatih Birol, the world’s leading energy economist and chief of the International Energy Agency, the gold standard in energy research. “This is bigger than

The Guardian WorldMay 1
Conflicts

Could the US-Iran war become a protracted ‘frozen’ conflict?

industrial and energy sites hit by Iran, as well as their reputations as safe havens for business damaged by the war. Kamrava said the US economy would be able to absorb the economic shock caused

Al Jazeera EnglishApr 30
Business

Less bread and WFH Fridays – what Pret boss knows about our habits

industry due to a "migration towards people trying to consume less bread". But despite this trend, he notes bread-based products are still the most popular choices, making up over half of Pret

BBC NewsApr 27
Business

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

war in the Middle East. A list of policy requests submitted to ministers and the aviation regulator includes suspending the emissions trading scheme and relaxing limits on night flights, it has emerged. Airlines are also

The Guardian WorldApr 21
Politics

No sign of end to Iranian internet blackout despite regime claims

impact, according to internet monitors. It was not clear if technical or political issues were delaying the end of the clampdown, the longest in Iran’s history, which was imposed during brutally suppressed protests

The Guardian WorldMay 26
Politics

Voters will judge Trump on the economy - how is it doing?

global energy shock on a par with the oil crises of the 1970s, driving up prices of everything from fuel to groceries. Despite piling additional pressure on already hard-pressed Americans, the latest GDP figures

BBC NewsMay 2
Business

Was the Iran war the final blow in the collapse of Spirit Airlines?

impacted Spirit’s financial outlook”. [Spirit Airlines](/news/2026/5/2/spirit-airlines-begins-wind-down-cancels-all-flights-over-fuel-crisis), whose airfares were lower compared with other US airlines, had 4,119 domestic flights scheduled between May 1 and May 15, offering 809,638 seats, according

Al Jazeera EnglishMay 3
Politics

Why has Italy’s Giorgia Meloni suspended a defence pact with Israel?

industry and procurement policy” and “import, export and transit of defence and military equipment”, among other things. The memorandum was set to automatically renew every five years “unless a written notice of intention to denounce

Al Jazeera EnglishApr 15
Business

More Britons opt to holiday in UK this summer amid uncertainty over flights

impact for us,” he said. “Our holidays bookings are up over 30% this year. It is a little bit like Covid, when people couldn’t get away and now they just want the certainty

The Guardian WorldApr 19
Politics

Neither US nor Iran can sustain strait of Hormuz standoff indefinitely

war. It was also not discussed with major shipping companies and it was unclear whether it would be effective. Richard Meade, the editor of Lloyd’s List, a specialist shipping industry title, said this week

The Guardian WorldMay 9
Business

Airlines hike fares, cut millions of seats as Iran war drives up fuel costs

Iran in late February, prompting airlines to hike fares, reduce their schedules, or both. In the starkest example of the fallout, US-based budget carrier Spirit Airlines on Saturday announced that it would permanently cease

Al Jazeera EnglishMay 6
Politics

Trump administration blocks US wind energy projects in switch to oil and gas

war in Iran has caused a fuel crisis and spiked global prices, while the [increasing energy appetite of new AI datacenters has put more pressure](https://www.reuters.com/business/energy/us-consumers-face-rising-electricity-prices-despite-clean-power-savings--reeii-2026-04-28/) on power supplies. As energy costs

The Guardian WorldApr 28
Politics

US spending on ‘reckless’ Iran war could have saved 87m lives, says UN

Iran back to the stone ages. Photograph: Nathan Howard/Reuters Fletcher said: “For every day of this conflict $2bn is being spent. My entire target for a hyper-prioritised plan to save 87 million lives

The Guardian WorldApr 20
Politics

‘A stress test’: US-Germany rift widens as Iran-war drags on

impact may be limited. More consequential, analysts say, could be a separate decision to cancel plans to station long-range weapons systems in Germany. On Monday, the German defence ministry said there had been

Al Jazeera EnglishMay 6
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