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Rising global costs threaten Mexico’s production costs and food stability

Iran war, and roadblocks set up by either criminal groups or protesters. In recent months, protests by farmers and truck drivers have caused major logistical delays. Protesters are demanding lower fuel costs and improved security

Coles adds 20c to the price of milk as war in the Middle East pushes up Australian grocery costs

war on Iran. [Sign up for the Breaking News Australia email](https://www.theguardian.com/email-newsletters?CMP=copyembed&CMP=emailbutton) One litre of Coles brand fresh milk has risen from $1.65 to $1.85, with two litres up from

How the war has made Iran’s water crisis worse

pricing have promoted the country’s aim of self-sufficiency but have led to excessive irrigation and over-pumping. The country’s self-sufficiency policy accounts for about 90 percent of Iran’s water

As US-Iran talks remain ‘stalled’, experts warn of ‘long-term disruptions’

war on Iran entering its 60th day, experts warn that there is no end in sight, as negotiations continue to be “stalled” amid soaring oil prices and inflation. The US and Israel launched their attack

Tensions flare near Strait of Hormuz as a ship is seized and another is sunk

war. Iran's senior vice president, Mohammadreza Aref, said Thursday that the strait belongs to Iran and that Tehran would not give it up "at any price," state TV reported. "It has always been

Uncertainty looms as last oil tanker from Middle East arrives in California | First Thing

prices. While costs have risen in recent weeks, supply has not yet been severely affected as markets have continued to receive oil that was already in transit when the strait of Hormuz was closed. Meanwhile

We can make sure another Chornobyl disaster does not happen, here is how

impacts, and costs that continue to mount across generations. The lesson is clear. When nuclear systems fail, the consequences are long-lasting, widespread, and extraordinarily difficult to manage. The damage does not end when headlines

States should tax windfall oil profits to fund their way out of crisis

impacts, but they are now suffering through increasingly frequent price crises where meals are skipped, jobs are lost, and lights are turned off. This public dip in conditions and cost of living runs parallel

US extends sanctions waiver on Russian oil: Why it matters

war price of below $60. A price of $100 per barrel means Russia is earning $490m per day just from oil sales despite sanctions. It is important to note that this is an average price

Four in five Britons worried Iran war will make food more expensive, poll finds

Iran war will make food more expensive, according to a new poll, as businesses warned the “window is closing” for ministers to cut energy costs for UK retailers. Research by Opinium found that

EU farmers and hauliers to get up to €50,000 to cover extra costs of Iran war

impacted because of the rising fuel and fertiliser prices, it said. No relief has been offered to airlines and airports regarding jet fuel, but potential future intervention has not been ruled out. Individual member states

Fuel duty freeze extended until the end of the year

oil and liquified natural gas. "We're backing drivers by extending the freeze on fuel duty," Prime Minister Keir Starmer told the House of Commons. Downing Street said the fuel duty freeze would cost £455m

Bank of England leaves interest rates on hold at 3.75%

impact of the Iran war. The Bank’s rate-setting monetary policy committee (MPC) voted to leave borrowing costs on hold at noon on Thursday, after its latest rate-setting meeting. The vote

Europe has only six weeks’ supply of jet fuel left due to Iran war, says energy chief

oil futures prices, a global benchmark, remain more than 30% higher than they were before the war. The rapid increase in petrol prices has put pressure on the US president, Donald Trump. However, there have

Gasoline could drop below $4 in coming days

war in Iran, airlines around the world are canceling flights and scaling back routes due to surging jet fuel prices.](https://npr.brightspotcdn.com/dims3/default/strip/false/crop/2856x2856+677+0/resize/100/quality/85/format/jpeg/?url=http%3A%2F%2Fnpr-brightspot.s3.amazonaws.com%2F9b%2F66%2F20a4d7a94b11b7aab921d6132a81%2Fgettyimages-2270636076.jpg)](https://www.npr.org/2026/04/16/nx-s1-5785258/jet-fuel-airline-cost-iran-war-oil) ### [Middle East conflict](https://www.npr.org/series/1205445976/middle-east-crisis) ### [Jet fuel prices double, leading airlines

With oil markets nearing the danger zone, a US-Iran deal can’t come soon enough | Heather Stewart

Iran predictably responded to the onslaught from the US and Israel by closing the strait of Hormuz. That price remains well below historic highs, and because it has not surged into the stratosphere

UK faces higher prices for eight months after war in Iran ends, says minister

war in Iran ends, a minister has said. The closure of the strait of Hormuz, a key shipping lane that carried a fifth of global oil and gas, has sent oil prices soaring since

Faisal Islam: Six things we now know about the UK economy in charts

Iran War, so it is interesting to compare the UK with the rest of the G7. It is currently the fastest growing of these major economies - while Japan has not yet reported, its growth figure

Boiling milk and worrying about the Iran war: A New Year dawns in Sri Lanka

oil is part of the New Year's ceremony in mid-April for Buddhists and Hindus in Sri Lanka. **Gayan Sameera/Xinhua News Agency via Getty Images** Gayan Sameera/Xinhua News Agency via Getty Images The milk

Fed leaves interest rates unchanged in defiance of Trump’s calls for cuts

oil, the global benchmark, briefly hit $119 a barrel on Wednesday, a monthly high and a 7% jump over the course of a day as uncertainty around the war in Iran looms