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303 resultsfor “Why are oil prices rising now”

Politics

UK-China ‘ice age’ thaws: Why the West needs Beijing

rising since Trump’s first term as president until he and Xi called a temporary truce late last year to allow for trade talks. Also notable, however, was that Washington’s rapprochement with Beijing coincided

Al Jazeera EnglishJun 3
Politics

Cut UK speed limits to reduce Iran war impact on consumers, thinktank urges

oil prices](https://www.theguardian.com/world/2026/apr/30/oil-price-news-highest-since-2022-us-iran-ceasefire-strait-of-hormuz) triggered by conflict, according to the Institute for Public Policy Research (IPPR). The institute said ministers should also temporarily cut fuel duty by 10p and bring in a new energy

The Guardian WorldMay 7
Science

Move over wind farms: why some argue cutting costs is the best way to cut carbon

oil and gas prices, raising fears that high energy costs could persist. The government insists that focusing on renewables will ultimately deliver greater energy security by reducing reliance on imported gas, lowering emissions and - crucially

BBC NewsApr 15
Business

China car giant BYD says it can thrive without US

oil prices increase. EVs help them save money every day," Li said. "Actually, we are now suffering [insufficient] capacity. Our demand is much higher than what we can supply." BYD is betting

BBC NewsApr 24
World

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

NPR Topics: NewsApr 16
Politics

‘Sludge in the system’: myriad problems stymie Labour’s 1.5m new homes pledge

rising energy costs and the need for more advanced low-carbon materials to meet green standards has driven up costs. The result is that housebuilders can’t afford to buy as much

The Guardian WorldApr 26
Science

How rising jet fuel prices are driving up the cost of fighting wildfires

rising jet fuel prices are driving up the cost of fighting wildfires ![A firefighting aircraft drops a red cloud of retardant ahead of the Palisades Fire on January 11, 2025, in Los Angeles. White smoke

NPR Topics: NewsApr 30
Politics

First Thing: Trump tells critics to ‘sit back and relax’ as Iran claims to target US base

prices. ## **Lead prosecutor withdraws from criminal case against James Comey** ![Former FBI director James Comey.](https://i.guim.co.uk/img/media/d7e8f46af60627941c16eb10b4a888a5355ec395/339_0_4321_3456/master/4321.jpg?width=445&dpr=1&s=none&crop=none) The former FBI director James Comey denies the allegations. Photograph: Michael Reynolds/EPA The lead prosecutor

The Guardian WorldJun 1
Business

Airline profits plummet as US fuel costs nearly double

rising sharply ahead of the peak summer travel season as escalating tensions between the US and Iran raise concerns about disruptions in the Strait of Hormuz, a critical passage for global energy shipments. Fuel costs

Al Jazeera EnglishJun 8
Business

Gulf shrimpers want help from congress as fuel costs climb

oil platforms at the marina in Port Sulphur. "So we have to supplement our way of life." To break even now, Cooper says he needs to haul in at least a thousand pounds of shrimp

NPR Topics: NewsMay 26
Conflicts

Why is piracy rising off Somalia again — and is the Iran war responsible?

rising off Somalia again — and is the Iran war responsible? At least three vessels have been targeted in [hijackings](/news/2026/4/27/suspected-pirates-steer-cargo-vessel-towards-somalia) this week off the coast of Somalia in what analysts fear is a replay

Al Jazeera EnglishMay 1
Business

The city caught in the middle of the big energy shift debate

price shocks," says the party leader, Alex Cole-Hamilton. The Scottish Green Party wants to see far greater urgency. "We know that it's a declining basin in the North Sea," says co-leader Gillian

BBC NewsApr 30
Conflicts

Iran war: What’s happening on day 67 as Hormuz crisis deepens?

rise, with United States President Donald Trump warning Iran would be “blown off the face of the earth” if US Navy ships are targeted in the Strait of Hormuz. Iran had claimed a US naval

Al Jazeera EnglishMay 5
Conflicts

Iran-Iraq Tanker War redux? Why the Strait of Hormuz crisis is different

rise again in the Strait of Hormuz – this time between Iran and the US – we break down what happened in the 1980s and examine the parallels and differences between the situations then

Al Jazeera EnglishApr 24
Politics

Trump-Xi summit: China’s help in Iran may require US concessions

prices in the US skyrocketing and [fuelling inflation](/economy/2026/5/12/us-faces-rising-costs-with-iran-war-driving-energy-prices-inflation-higher), diplomacy stalled, and Trump’s [popularity plummeting](/news/2026/4/28/trump-approval-dips-to-record-low-amid-iran-war-inflation-woes-poll), the war appears to be hampering the Republican president’s domestic and global standing. Last week, US Treasury

Al Jazeera EnglishMay 13
Politics

First Thing: Trump says US navy will ‘guide’ trapped ships through strait of Hormuz

rise and interest rates increase. ## **In other news …** ![Isa Briones](https://i.guim.co.uk/img/media/af85eb4533c704e3436bc3bd7ffdeee6dfc61a8e/469_40_5963_4772/master/5963.jpg?width=445&dpr=1&s=none&crop=none) Isa Briones of The Pitt has told fans ‘Broadway is not a circus’. Photograph: Tricia Baron/Shutterstock - **The Pitt star Isa Briones

The Guardian WorldMay 4
Politics

Trump keeps extending the Iran war. Republicans are losing patience.

rising U.S. casualties, gas prices and fertilizer costs, these Republicans indicated the political risk of the ongoing war is heightening as the midterms draw near. “By the first of September … it needs to be resolved

POLITICO PoliticsYesterday
Politics

First Thing: Trump-backed Ken Paxton ousts John Cornyn in Texas primary

oil price spike. It comes against the backdrop of two famines declared in 2025, in Gaza and Sudan. - **How much has funding declined?** The WFP’s funding was [cut last year](https://www.wfp.org/funding/2025)

The Guardian WorldMay 27
Business

War, inflation and Trump’s tariffs have shaken the US. Why does the stock market keep going up?

Oil prices were high, and the strait of Hormuz was still closed. Peace talks with Iran seemed tenuous, even with the pressures of high gas prices. Donald Trump on Wednesday [said](https://www.theguardian.com/us-news/2026/may/13/trump-iran-war-americans-finances)

The Guardian WorldMay 14
Politics

UK seeks closer EU ties in volatile times - but at what cost?

rising, and the global economy is under strain because of knock-on effects of the Iran war. Relations with the UK's former best friend, the United States are worsening. It's against this backdrop

BBC NewsApr 16
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