6 resultsfor “global energy prices surge due to Iran conflict”
Iran. Wall Street’s largest lenders have reported a jump in first-quarter earnings, reflecting the surge in demand for trading services as investors dumped risky stocks and bonds and sought safer havens for their
global energy prices that pushed the company’s market value to an all-time high last week. Centrica, the owner of British [Gas](https://www.theguardian.com/business/gas), closed down 5% and Drax fell 3%. The companies
due to major conflicts in Ukraine, Iran, Sudan, Gaza and Lebanon and a surge in global defence spending. About half of the world’s countries have increased their military budgets over the past five years
energy crunch due to the Iran war and global trade tensions, including US President Donald Trump tariffs policies. China currently faces a 10% US tariff for most of its goods. However, US Treasury Secretary Scott
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
Energy is seen on February 10, 2025 in Cameron, Louisiana.](https://npr.brightspotcdn.com/dims3/default/strip/false/crop/2678x2678+626+0/resize/100/quality/85/format/jpeg/?url=http%3A%2F%2Fnpr-brightspot.s3.amazonaws.com%2F41%2Fc6%2F8a31850b41e4945257dab8e6b627%2Fgettyimages-2198779792.jpg)](https://www.npr.org/2026/04/14/nx-s1-5766431/us-iran-trump-lng-supply-strait-of-hormuz-qatar) ### [Climate](https://www.npr.org/sections/climate) ### [The Iran war created a global natural gas shortage — a windfall for U.S. companies](https://www.npr.org/2026/04/14/nx-s1-5766431/us-iran-trump-lng-supply-strait-of-hormuz-qatar)