94 resultsfor “impact of Trump Iran deal on oil”
deal”. Trump has previously said that targets for new US attacks would include power stations and other civilian infrastructure. Iran [appears unwilling to bend to Trump’s threats](https://www.theguardian.com/world/2026/apr/19/trumps-sends-delegation-to-pakistan-for-possible-new-round-of-iran-war-talks), though analysts say there
oil tanker in the Strait of Hormuz and a communications facility on Qeshm Island late on Tuesday, triggering Tehran’s retaliatory attacks on US-linked targets in Bahrain and Kuwait on Wednesday. Iran said
impact of a global energy shock and providing relief to customers affected by shipping constraints in the strait of Hormuz.” The strait, through which about a fifth of the world’s oil and gas supply
Trump. Experts said the deal is highly significant for India because semiconductor manufacturing is seen as essential for technological independence. However, India’s push to ramp up semiconductor manufacturing has suffered setbacks. In 2023, Taiwan
deal with Iran, then everyone has an interest in de-escalation there.” European governments, including Italy, have been watching nervously as the United States-Israeli war on Iran has unfolded. Following initial joint Israel
deal with Iran stops its offensive. Netanyahu told CNBC on Wednesday that he and Trump were aligned on the goal of disarming Hezbollah in order to achieve peace between Israel and Lebanon. The US president
impacted living costs globally. [](https://www.npr.org/2026/04/12/g-s1-117045/hezbollah-commander-lebanon-israel) ### [Middle East conflict](https://www.npr.org/series/1205445976/middle-east-crisis) ### [A Hezbollah
oil and liquefied natural gas uses the crucial waterway, whose blockage has sent prices soaring globally. A ceasefire has been in place between the US and Iran since April, but US President Donald Trump
oil and gas passes during peacetime, disrupting one of the most critical arteries of global trade. Pakistan [brokered a ceasefire](/features/2026/4/8/how-pakistan-managed-to-get-the-us-and-iran-to-a-ceasefire) on April 8 and hosted the [first round](/news/2026/4/12/us-and-iran-fail-to-reach-peace-deal-after-marathon-talks-in-pakistan) of direct US-Iran talks
deal tomorrow. As the war with Iran enters its third month, drivers have become [infuriated](https://www.theguardian.com/us-news/2026/mar/13/detroit-michigan-gas-prices) by rising gas prices – [and inflation](https://www.theguardian.com/business/2026/may/12/us-inflation-april-iran-war) – and Donald Trump is facing a historic backlash
Trump shrugged off by insisting: “I love the inflation.” Economists responded to the weaker-than-expected reading by downgrading their UK inflation forecasts for the coming months – and casting doubt on the prospect of future
Trump suggests. While Asian markets rely more heavily on oil shipped through the Strait of Hormuz than North American markets, tighter supply and steady demand have pushed prices higher worldwide. On Monday, petrol prices
impact of the United States-Israeli war on Iran and the shutdown of the Strait of Hormuz on the world economy. The war has damaged energy infrastructure across the Gulf, while critical exports like oil
oil and natural gas exports were shipped before the war. Bessent also commented on US tariffs on other nations, saying they could be back in place to previous levels by July after the US supreme
impact,” it said. Kuwait’s Defence Ministry said a “number of hostile drones” were detected in the country’s airspace at dawn. In a post on X, a spokesperson said the drones were dealt with
deal was contingent on its application to Lebanon.  Trump insisted that the agreement over the strait of Hormuz meant
Trump said he was [close to reaching a peace deal](https://www.theguardian.com/world/2026/jun/11/trump-seize-control-iran-oil-gas-ceasefire) with Tehran which would end the regime’s effective chokehold on the oil trade route. The US president also claimed that
deal” and that “Iran can never possess a nuclear weapon”. ## ‘Intense competition’ Rob Geist Pinfold, a lecturer in international security at King’s College London, told Al Jazeera that “we’ve gone past the stage
impact on oil:** Parliament Speaker Mohammad Bagher Ghalibaf said no oil wells have “exploded” under the US blockade, arguing the measures have only driven up global prices. He added Iran’s storage has not reached
deal with the US. Pakistan, which has been mediating talks between Iran and the US, has led a renewed push in recent days to bridge the gap between the two parties. Pakistan’s army chief