41 resultsfor “Trump statement on fuel prices after Iran deal”
Iran triggered a spike in jet fuel prices, upending Spirit’s cost projections and complicating its bankruptcy exit. A Spirit board meeting had ended without an agreement to rescue the company, a person close
deal.” Sayigh added that Trump could have ulterior motives in striking an upbeat tone, at a time when the chokehold in the Strait of Hormuz is driving up prices for everything from fuel to fertiliser
Trump’s war in Iran has caused a fuel crisis and spiked global prices, while the [increasing energy appetite of new AI datacenters has put more pressure](https://www.reuters.com/business/energy/us-consumers-face-rising-electricity-prices-despite-clean-power-savings--reeii-2026-04-28/) on power supplies. As energy
Trump administration. **Mario Tama/Getty Images** Mario Tama/Getty Images WASHINGTON — Low-cost carrier [Spirit Airlines](https://www.spirit.com/), which had been struggling for years, announced it will cease operations. Spirit had been seeking a [$500 million
deal published by Iran’s Mehr news agency, which quoted a source close to Iran’s negotiating team, as bearing “no relation to the truth”. The draft would end conflict on all fronts, including Lebanon
Trump administration to secure a $500m bailout failed. Experts say a spike in aviation fuel prices from the US-Israel war on Iran dealt the final blow to the struggling airline that pioneered the ultralow
deal](https://www.theguardian.com/business/2026/apr/27/spirit-airlines-trump-bailout) to keep the carrier afloat, including a potential $500m loan from the federal government. Donald Trump said last week he was aware the company has been struggling and even suggested
fuels from Gulf refineries, in what the International Energy Agency has described as the biggest energy supply crisis in history. Oil and gas prices had already begun to slide after Trump said on Thursday that
statement after Iran and the UAE clashed over how to address the US-Israeli war on Iran, with the UAE also seeing itself as a victim of Iranian aggression. Since then, tensions between Iran
Trump’s plans appeared to be geared more towards rescuing stranded seafarers than restoring maritime traffic in the strait. “Global observable oil inventories are starting to fall sharply, which should weigh on market sentiment more
prices and general inflation at home, the president’s desire to resolve the crisis before meeting Xi Jinping in Beijing in mid-May and the fear that a global shortage of jet fuel could ruin
price rises for fuel around the world. Stocks rose when both sides appeared to agree to halt the exchanges for now. The new violence has also complicated Trump’s push to end the war, launched
deal – he’s just not,” he added. He added that a “pretty solid” proposal is on the table. - Trump is facing intensifying pushback from prominent hawks within his Republican Party, including Senators Ted Cruz
deal reached. Iran has not publicly commented on Trump's latest statement. The rise in energy costs since the conflict began has also pushed up government borrowing costs, as measured by bond yields. The fear
Trump's effort to reopen the strait by force. The ceasefire between the U.S. and Iran has largely held since April 8. But in-person talks between the two countries hosted by Pakistan last month
pricing deals with the administration – including Eli Lilly – and pointed patients to LillyDirect, the drug company’s telemedicine service. (The White House announced [an expansion of TrumpRx](https://www.theguardian.com/us-news/2026/may/18/trumprx-site-prescription-drugs) earlier this week, and said
deal with growing discontent over high fuel prices that have pushed up living costs. German Chancellor Friedrich Merz blasted the U.S. administration on Monday for lacking a strategy in its war with Iran. "The Americans
deal. The 21-hour session earlier exposed wide gaps on the future of the strait of Hormuz, Iran’s nuclear programme and Tehran’s longstanding support for militant movements around the Middle East. The talks
Trump’s long-term strategy in the Middle East. The announcement of a peace deal means Australia is likely to avert Treasury’s worst-case scenario for an extended war, which forecast that inflation could
fuel prices and rattling world markets. [](https://www.npr.org/2026/05/06/nx-s1-5811930/gaza-recovering-bodies) ### [Middle East conflict](https://www.npr.org/series/1205445976/middle-east-crisis) ### [Skeletons in their clothing: Recovering bodies from the rubble