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80 resultsfor “impact of US Iran deal on oil prices”

Politics

UK steps up plans for potential shortages caused by Iran war

deal with any shortfalls and a group of ministers is meeting twice a week to monitor stock levels and any disruptions to the supply chain. The closure of the Strait of Hormuz, a key shipping

BBC NewsApr 25
Conflicts

Israel and Lebanon agree to renew ceasefire as Trump seeks to overcome barriers to Iran deal

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

The Guardian WorldJun 4
Conflicts

Why are anti-war protests in the West muted on Iran?

price increases, fertiliser shortages and stock market volatility – the effects have been felt faster than in most previous conflicts. Why? There are few clear answers — but analysts say several factors might help explain why this

Al Jazeera EnglishApr 17
Business

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

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

The Guardian WorldMay 23
Business

Spirit Airlines says it has nearly finished refunding customers after shuttering

US-Israeli war on Iran dealt the airline its death blow, Spirit [said in a statement](https://www.spiritrestructuring.com/resources/Spirit-Airlines-Begins-Orderly-Wind-Down-of-Operations.pdf). “Unfortunately, despite the company’s best efforts, the recent material increase in oil prices and other

The Guardian WorldMay 3
Conflicts

UK promises jets, drones and warship for Strait of Hormuz defence mission

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

BBC NewsMay 12
Business

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

US-Israel war with Iran continues to 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

BBC NewsMay 20
Politics

Renewable energy will boost national security and protect UK from sabotage, minister says

oil crisis caused by the US-Israel war](https://www.theguardian.com/environment/2026/apr/24/global-oil-crisis-changed-fossil-fuel-industry-for-ever-iea-chief-fatih-birol) on Iran and the soaring [gas prices that followed Russia’s invasion of Ukraine](https://www.theguardian.com/environment/2026/apr/24/global-oil-crisis-changed-fossil-fuel-industry-for-ever-iea-chief-fatih-birol) in 2022. “We are dealing with

The Guardian WorldApr 26
World

‘A dollar or two increase is devastating’: US readers on toll of rising gas prices

US and Israeli attacks in Iran and Lebanon, including a February airstrike that killed [at least 175 people](https://www.theguardian.com/world/2026/mar/11/iran-war-missile-strike-elementary-school) at an [Iranian elementary school.](https://www.theguardian.com/global-development/2026/mar/03/minab-school-bombing-how-the-worst-mass-casualty-event-of-the-iran-war-unfolded-a-visual-guide) “I’ve just been feeling like

The Guardian WorldApr 16
Business

Iran war’s big winners: Wall Street, weapons firms, AI and green energy

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

Al Jazeera EnglishApr 17
World

US talks between Lebanon and Israel end – as it happened

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

The Guardian WorldApr 15
Politics

Trump declares US-Iran peace deal ‘all signed’ as G7 leaders battle to tie up loose ends

deal was contingent on its application to Lebanon. ![Vessels anchored in the strait of Hormuz, as seen from Musandam, Oman.](https://i.guim.co.uk/img/media/5a0af8213d159f7ae1f6223fa05b4428faba7041/0_0_5500_3298/master/5500.jpg?width=445&dpr=1&s=none&crop=none) Trump insisted that the agreement over the strait of Hormuz meant

The Guardian WorldJun 15
Business

US fuel prices to take ‘months’ to normalise after US-Iran deal to end war

Iran agreed to over the weekend certainly could pave the way for even lower prices… in the next two to three days by what we saw over the weekend,” Patrick De Haan, head of petroleum

Al Jazeera EnglishYesterday
Politics

Iran war: What’s happening on day 62 as Trump asks Iran to ‘give up’?

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

Al Jazeera EnglishApr 30
Business

India hikes fuel prices as Iran crisis bites

impacted by rising energy prices and supply disruptions from the US-Israel war on Iran. However, New Delhi had been avoiding hiking retail fuel prices, making it one of the last major economies to pass

Al Jazeera EnglishMay 15
Business

Faisal Islam: Why the UAE's exit from Opec is a big deal

deal that the United Arab Emirates (UAE) has announced [its abrupt exit from Opec](https://www.bbc.co.uk/news/articles/cj4pxwlr52yo), the Organisation of Petroleum Exporting Countries. The Emiratis were members even before they became a nation state

BBC NewsApr 28
Business

Yemen fuel price hikes deepen hardship as transport costs rise

deal between the United States and Iran. The prices would still have to rise, the company said, because it imports already-refined fuel with prices that are tied to global product markets rather than

Al Jazeera EnglishMay 8
Business

What's happening to UK petrol and diesel prices?

Iran that started on 8 April has largely held, but efforts to strike a long-term peace agreement between the two sides have not been successful. Control of the strait has been a major sticking

BBC NewsMay 19
World

As Iran crisis drags on, fears of global food crisis grow

impact of the war and the importance of reopening the Strait of Hormuz, observers are less united on the severity of the current outlook. Traders who buy and sell financial contracts linked to food crops

Al Jazeera EnglishApr 21
World

Trump reportedly tells Netanyahu not to retaliate against Iran - as it happened

prices rose early on Monday after Iran fired missiles at Israel** and after heavy losses on Wall Street. At 9.53am (0053 GMT) Japan’s **Nikkei** 225 was off 3.41% while South Korea’s **Kospi

The Guardian WorldJun 8
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