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182 resultsfor “impact of Iran war on oil prices”

Politics

Neither US nor Iran can sustain strait of Hormuz standoff indefinitely

oil price. The most significant development this week was the collapse of Trump’s Project Freedom on Tuesday after just 50 hours. The unilateral US proposal had sought to create a safe zone for merchant

The Guardian WorldMay 9
Business

Bank of England boss tells BBC he won't rush interest rate rises

oil and gas prices would certainly feed through to prices. But other factors made a decision on rates "very, very difficult", he said ahead of the next decision on 30 April. The [IMF warned

BBC NewsApr 15
Politics

Iran hosts Pakistani delegation amid diplomatic flurry to avert new US strikes

oil and gas supplies – as well as Iran’s nuclear and ballistic missile programme. Talks have largely not progressed and the strait remains mostly closed, despite the ceasefire and mediation efforts. On Saturday

The Guardian WorldMay 23
Business

What is happening to UK prices?

impact of the US-Israel war with Iran, which has put up energy and fuel costs around the world. The Bank moves interest rates up and down to try to keep inflation on track

BBC NewsMay 20
Business

Jim Chalmers is putting a positive spin on the economy, but is the outlook for Australia grim?

Iran in late February. That recent strength accentuates the slowdown in the latest figures. After expanding by 0.9% in the December quarter, real GDP growth faltered to just 0.3% in the three months to March

The Guardian WorldJun 3
Business

Airlines demand UK relax noise rules and cut flight tax as fuel shortage looms

war in the Middle East. A list of policy requests submitted to ministers and the aviation regulator includes suspending the emissions trading scheme and relaxing limits on night flights, it has emerged. Airlines are also

The Guardian WorldApr 21
Conflicts

Food inflation hammers households in war-hit Iran

oil are “illegal” and “must be returned to previous levels”, without saying how officials expected that to happen amid deteriorating economic conditions. The country’s embattled currency, the rial, has also been registering

Al Jazeera EnglishMay 10
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
Politics

The UAE’s OPEC exit is not about oil; it is the end of Gulf solidarity

impact. Analysts pointed to the longstanding tension with the quotas imposed on Abu Dhabi National Oil Company’s (ADNOC) ambition to reach five million barrels per day. All of that is real. But focusing

Al Jazeera EnglishApr 29
World

Mythical shapes and the impact of oil: Meet the nominees for the art world's prestigious prize

impact of oil: Meet the nominees for the art world's prestigious prize **A spoken-word performance about life in the industrial north and sculptures which examine the political history of oil are among

BBC NewsApr 23
Politics

Guardian Essential poll: Australians want higher tax on gas exports and extension of petrol excise cut

impact of the Iran war bites,” said Peter Lewis, executive director of Essential Media. “This creates real challenges for the treasurer leading into the budget, but there is strong support for measures to review housing

The Guardian WorldApr 29
Business

Jet fuel shortage: Why Iran war could ground flights in Europe

Iran. The strait is a vital water passageway through which one-fifth of the world’s oil and liquefied natural gas (LNG) supplies are shipped during peacetime. The collapse in supplies has driven a sharp

Al Jazeera EnglishApr 16
Business

Yemen fuel price hikes deepen hardship as transport costs rise

war, disruptions to shipping through the [Strait of Hormuz](/news/2026/5/6/french-container-ship-struck-in-latest-escalation-at-strait-of-hormuz), and a surge in transport and insurance costs for shipments to Yemen. In the same post, the YPC sought to ease public concern, saying

Al Jazeera EnglishMay 8
Conflicts

Ukraine begins to flex muscle as an emerging air power, angering Russia

prices due to the closure of the Strait of Hormuz. Zelenskyy said Russian internal documents seen by his foreign intelligence service admitted that Ukraine had deprived oil offloading ports of much of their capacity

Al Jazeera EnglishMay 1
Health

How Iran war has triggered soaring cost of medicines, condoms

oil supply. “Pharmaceuticals are tied to both petrochemical feedstocks, a large part of which are sourced through the Persian Gulf,” Frederic Schneider, a nonresident senior fellow at the Middle East Council on Global Affairs, told

Al Jazeera EnglishApr 23
Conflicts

US-Iran ceasefire under strain as Gulf states report drone attacks

impact,” it said. Kuwait’s Defence Ministry said a “number of hostile drones” were detected in the country’s airspace at dawn. In a post on X, a spokesperson said the drones were dealt with

Al Jazeera EnglishMay 10
Business

China's economy grows faster than expected despite Iran war

impact of the US-Israel war with Iran. Gross domestic product (GDP) rose by 5% in the period, compared to a year earlier, according to official data. Economists had expected the figure to come

BBC NewsApr 16
Politics

Republicans say they will defer to Trump on Iran war despite arrival of deadline

impact on gas prices. Still, most GOP lawmakers say they are supportive of Trump's wartime leadership, or are at least willing to give him more time amid the fragile ceasefire. Republican Sen. Kevin Cramer

NPR Topics: NewsMay 1
Politics

Hegseth faces questions about Iran in first congressional appearance since war began

oil, has sent 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

NPR Topics: NewsMay 1
Business

‘Turbulent and dangerous’: How shipping is the new global battleground

oil prices to multiyear highs. “Even short of a full shutdown, ‘permissioning’ and pressure can impose major costs and uncertainty,” Jack Kennedy, head of MENA Country Risk at S&P Global Market Intelligence, said

Al Jazeera EnglishMay 1
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