78 resultsfor “impact of Middle East conflict on fuel prices”
fuel prices skyrocketing and posed problems for Republicans ahead of the midterm elections. The U.S. has imposed a naval blockade of Iranian shipping and three American aircraft carriers are in the Middle East
impacts go beyond imports. Many households in Africa and Asia [depend on remittances](https://www.dw.com/en/iran-war-puts-south-asias-gulf-remittances-at-risk/a-76513989) from relatives who work in the Gulf and send money home, but the war has caused serious economic disruption
fuel crisis](/news/2026/4/16/jet-fuel-shortage-why-iran-war-could-ground-flights-in-europe). “35 percent of pharmaceuticals move by air, and about 90 percent of critical or life-saving pharmaceuticals and vaccines do so too. I estimate that 22 percent of global air cargo flows
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
prices down for a second day on Wednesday. Asian stocks rose while the safe-haven dollar stabilised after falling for a seventh straight session overnight. **Welcome to the Guardian’s continuing coverage of the crisis
Middle East, and at some points has stopped it entirely as a result of missile strikes and drone attacks. The RAC motoring group has warned that prices at the pump could keep rising if there
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
conflict going on there, but there is still no legal basis in international law to take any actions to block any strait used for international navigation," Secretary-General Arsenio Dominguez told the BBC. Donald Rothwell
Middle East, mainly to Asia and also to Europe. More recently, the US has put in place its own blockade to cut off any ships carrying Iranian oil and eventually force the country to shut
conflict. Iran's grip on the vital waterway has jolted the world economy and spiked fuel prices far beyond the Middle East. The ongoing instability in the region comes as U.S. President Donald Trump
impact on the market because the UAE’s exports, like those of all its neighbouring countries, are currently constrained by Iran’s control of the Strait of Hormuz. The UAE has been able to sell
fuel prices and forced authorities to dip into their precious foreign currency reserves to defend the lira, it has also presented an opportunity. As the fallout of the war has reverberated across the Middle East
fuel](https://www.theguardian.com/business/2026/apr/24/uk-eases-airline-penalties-jet-fuel-shortages-flights). In normal times, Dubai and Doha are key hubs for medicine air freight moving to Europe from India, known as the world’s pharmacy, where the bulk of off-patent drugs
fuel prices climb; he insulted the pope and [posted an AI image of himself](https://www.theguardian.com/us-news/2026/apr/13/trump-ai-image-christ-like-figure-backlash) as Jesus Christ on social media; he lost in a court hearing over a lawsuit against the Wall
conflict in the Middle East pushes up oil and gas prices, raising fears that high energy costs could persist. The government insists that focusing on renewables will ultimately deliver greater energy security by reducing reliance
Middle East conflict](https://www.npr.org/series/1205445976/middle-east-crisis) ### [Oil and gas prices are soaring. Some countries are ready with solar panels and EVs](https://www.npr.org/2026/03/16/nx-s1-5732984/energy-iran-war-solar-pakistan-crisis-renewable-evs) It's taken years to get to this point. They
prices amid the Middle East conflict. 3. ***UK news***| A British crew member who became ill after a suspected outbreak of hantavirus on luxury cruise ship the MV Hondius [is to be medically evacuated
Middle East. Photograph: Mandel Ngan/AFP/Getty Images As the week draws to a close, Donald Trump has insisted once again [Iran](https://www.theguardian.com/world/iran) is “pretty close” to signing a peace agreement with the US, which