79 resultsfor “why are petrol prices rising in the US”
us energy security. You can’t solve a fossil fuel crisis by doubling down on fossil fuels.” Government sources insist the process of deciding whether these fields can be exploited is “ongoing”. Ministers are also
US-Israel war on Iran](https://www.theguardian.com/world/us-israel-war-on-iran). Inspired by the country’s [Cool Biz energy-saving initiative](https://www.theguardian.com/world/2005/jun/17/japan.justinmccurry), Tokyo officials hope the measure will cut dependence on air conditioning. Cool Biz, launched
prices are lower, to keep costs down. It cited changes in US policy as adding to its losses, including tax incentives having been taken away for US consumers purchasing EVs, and the imposition of tariffs
US ended its naval blockade. Trump had said on Friday that the naval blockade would continue until a deal was agreed by the two countries. Stock markets were mixed on Monday. In Europe, FTSE
rising fuel costs. The organisers of the protests have not been clearly identified. The Dublin government has sent in the army to remove protesters, and arrests have been made at several sites. As with
US dollar now trading at more than 390 pounds on the black market, while fuel prices have surged sharply, driving up the cost of transport, food, and basic goods. The Sudanese government did announce
petrol prices and the wet season. Usually, I’d only charge slightly higher fares due to the heavy rain.” If the situation doesn’t improve soon, Eric says he and his family might be forced
petrol prices at home or stabilising global energy markets. According to the International Energy Agency, in April, Russia’s overall crude exports increased by 250,000bpd, reaching 4.9 million bpd. Since the war on Iran
US was also feeling the pinch in terms of higher gasoline prices. The Iranians, he said, were using the economic damage as leverage. "This is their weapon of deterrence," he added. By contrast, he believes
rising cost on to the customer, they absorb it themselves. That is hard for those who're already working with slim margins. A year ago, when the US and China were locked in a trade
petrol and using cars as usual and not to change their travel plans amid fears over potential jet fuel shortages. Twice weekly meetings of the contingency planning group of ministers are being led by Darren
rising at even higher rates. The blockade has also stopped Iran’s empty tankers returning to port, where they could serve as storage facilities. Iran is running very low on ways to store its output
rising off Somalia again — and is the Iran war responsible? At least three vessels have been targeted in [hijackings](/news/2026/4/27/suspected-pirates-steer-cargo-vessel-towards-somalia) this week off the coast of Somalia in what analysts fear is a replay
petrol. And my satnav is glitching." "People are annoyed," Alexander tells me. "Especially those with small businesses. They lose customers when they can't access the internet." "It feels like we're going backwards," says
US and South Korea. And when policies are available, they can sometimes cost almost twice as much as those for similar petrol vehicles from outside China. Chinese brands such as BYD, XPeng and Jaecoo have
petrol prices in the US skyrocketing and [fuelling inflation](/economy/2026/5/12/us-faces-rising-costs-with-iran-war-driving-energy-prices-inflation-higher), diplomacy stalled, and Trump’s [popularity plummeting](/news/2026/4/28/trump-approval-dips-to-record-low-amid-iran-war-inflation-woes-poll), the war appears to be hampering the Republican president’s domestic and global standing. Last week, US
petrol prices to a four-year high. Here is what we know as the conflict enters day 62: ## In Iran - **Iran speaker dismisses blockade’s impact on oil:** Parliament Speaker Mohammad Bagher Ghalibaf said
petrol-powered cars and gas-fired heating systems far more rapidly. And so far, he says, "the transition hasn't happened, not just in terms of jobs, but actually in terms of the electrification
rising tensions in the Strait of Hormuz. A US delegation led by Vice President JD Vance was expected to arrive in Islamabad at the start of the week for talks, but Iran then said