3 resultsfor “impact of blackouts on electricity prices”
blackout, a devastating [conflict](https://www.theguardian.com/world/live/2026/apr/28/middle-east-crisis-live-iran-us-israel-lebanon-hormuz-nuclear-oil-latest-news-updates) has broken out in the Middle East, and the closure of the strait of Hormuz has sent gas prices steeply [upwards](https://www.theguardian.com/business/2026/apr/28/bp-profits-oil-gas-prices-iran-war-first-quarter). But Spain has been
impacting small businesses that are already struggling with the dire economic conditions in Iran. One 35-year-old owner of a welding workshop near Tehran, who asked to remain anonymous, told Al Jazeera that
impact of the blockade is causing us significant harm, and we are still not receiving fuel,” he added. The island, home to about 10 million people, is relying on limited domestic fuel production and solar