118 resultsfor “Why are gas prices increasing now”
gas and food prices spike and remain high this year and next - global growth could fall below 2% in 2026. "This would mean a close call for a global recession which has happened only four
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 a far more complex threat landscape than we’ve ever dealt with before. That’s true
prices and stabilise the market. The country has invested billions of dollars in increasing its oil production capacity from 3 to 5 million barrels per day (bpd) by 2027. As it has grown its ability
Gas prices keep rising, but do big oil companies plan to drill more? Not so far . The Australian Council of Social Service
increasingly questioned the war and its high price tag, also did not vote on Thursday. The House defeat came a day after a similar resolution [failed](/news/2026/4/15/us-senate-rejects-another-war-powers-resolution-to-limit-trump-on-iran) in the US Senate, by a vote
increasingly caught the attention of Australians. According to one poll last week, 57% of voters are in favour of a tax on gas exports, with only 12% opposed. Headlines over the past year have made
increase in the SALT, or state and local tax, deduction cap raised by the One Big Beautiful Bill Act. Filers can now deduct up to $40,000 for property, sales and income taxes paid
gas supplies passed before the war, after the war began, sending prices of fuel and fertiliser skyrocketing and rattling the global economy. Following a ceasefire in April, the US imposed its own blockade on Iranian
increase energy security, especially as the Iran crisis threatens global supplies, according to a report by the International Energy Agency (IEA). The oil, gas and coal industries account for about 35 percent of all methane
increase in 2025 was simply down to less wind and lower hydro capacity. One of the reasons voltage oscillated outside of normal bounds this time last year was because Spain’s grid operator has traditionally
increased between 200 and 250 percent in affected areas. Hundreds of thousands of people were forced to abandon their homes. Chornobyl is not history. It is a lived reality of radioactive contaminated land that cannot
increasing numbers of reports of laughing gas being sold to children, across the borough of Dudley. We found nitrous oxide readily available in the heart of Dudley town centre. Inside Dawood Grocery store, the shopkeeper
increases in the rollout of renewable energy in Europe. That meant Europe produced 71 percent of its electricity from clean sources last year. Others seem to be following suit. Last year’s global tipping point
gas (LNG) supplies are shipped during peacetime, causing oil prices to soar. Later, [Iran began charging tolls](/news/2026/3/26/tehranstollbooth-how-iran-picks-who-to-let-through-strait-of-hormuz) for passage through – a move until now unheard of for a strait. Despite a fragile ceasefire, Washington
gas exports. ## Teapots under pressure China’s “[teapot” refineries](/news/2026/4/3/how-chinas-teapot-refineries-are-cushioning-it-from-iran-war-oil-crisis) are small, privately owned refineries, mostly based in Shandong province and nicknamed for their teapot-like shape. They play a key role in beefing
increase pressure on the country’s economy, and as a counter to Iran’s near-total closure of the strait of Hormuz to ships using other Gulf ports soon after the US-Israeli attack began
gas, chemicals and fertiliser remain largely stranded by Iran’s shutdown of the strait and the subsequent US naval blockade of Iranian ports. In the worst-case scenario of a prolonged war, the IMF said
increasingly reliant on control of the Strait of Hormuz for vital leverage in its ongoing war with the US and Israel, formally only on pause under the ceasefire. And that leverage is not something Iran
increasing again. “There’s a fundamental shortfall that will exist globally, or fundamental struggle to meet that demand that will drive up price,” Rob Smith, director of global fuel retail at S&P Global Energy