37 resultsfor “impact of Iran war on UK fuel prices”
war on Iran has caused severe disruption for airlines, featuring widespread cancellations, airspace closures and a looming [jet fuel crisis](/news/2026/4/16/jet-fuel-shortage-why-iran-war-could-ground-flights-in-europe). “35 percent of pharmaceuticals move by air, and about 90 percent of critical
fuel surcharges for their customers, which led to a spike in prices-charged inflation across the service economy to its highest for over three years in April.” Despite this, firms reported slightly better business than
Iran war has cost the travel company Tui €40m (£34.7m) so far, including repatriating almost 12,000 holidaymakers and staff, and forced it to cut its profit forecast for this year. Europe’s biggest
UK is particularly dependent on imports, which make up 65% of what we need. Two of the refineries that closed were British, leaving just four in operation here. For airlines, fuel is a major expense
impacted by geopolitical risks that have disrupted global markets,” the Market Intel states. “Since the escalation of tensions in the Middle East, nitrogen fertiliser prices have risen more than 30%, while combined fuel and fertiliser
impact of the war so far has been a surge in energy prices. Around a fifth of the world's oil and gas is transported through the Strait of Hormuz, but those shipments effectively ground
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
Iran war changed that. Although the Bank [held rates this month](https://www.bbc.co.uk/news/articles/cg7p89mp2rjo), it has signalled that rises could come later this year. Because of "uncertainty around the severity and duration" of the war
fuel around the world spreads through to the wider economy. Many households already have little capacity in their monthly budgets to take on more financial pressure - but things are likely to get tighter, says Mohamed
price rises that followed Russia’s invasion of Ukraine. Households across the world are [spiralling into debt](https://www.theguardian.com/business/2026/apr/30/rising-costs-forcing-3m-uk-households-skip-meals-which-report), farmers [cannot afford fertiliser](https://www.theguardian.com/business/2026/apr/23/fertiliser-short-supply-australia-farmers-bread-prices-strait-of-hormuz) and governments are remembering that a dependency
UK-France conference | International reaction | Airline fuel struggles | Points of contention** ### **Trump says Iran flailing economically** Despite Iran's refusal to attend negotiations this week, Trump says the country is in dire economic straits. "Iran
prices down for a second day on Wednesday. Asian stocks rose while the safe-haven dollar stabilised after falling for a seventh straight session overnight. **Welcome to the Guardian’s continuing coverage of the crisis
Iran war. “Getting the UK [out of the fossil fuel doom loop](https://www.theguardian.com/environment/2026/mar/11/reaching-net-zero-by-2050-cheaper-for-uk-than-one-fossil-fuel-crisis) and on to renewables would secure a [stable and affordable supply of energy](https://www.theguardian.com/environment/2026/apr/27/renewable-energy-will-boost-national-security-and-protect-uk-from-sabotage-minister-says). Voters face a choice
fuel prices. World leaders have welcomed the news with cautious optimism amid mixed messages from the US and Iran: ## United States “The Strait of Hormuz is completely open and ready for business and full passage
Iran is likely to have a severe knock-on effect on the NHS. Photograph: Meysam Mirzadeh/Tasnim/AFP/Getty In response, NHS England has increased purchases of drugs and devices to build up buffers. While there
price increases, fertiliser shortages and stock market volatility – the effects have been felt faster than in most previous conflicts. Why? There are few clear answers — but analysts say several factors might help explain why this
prices amid the Middle East conflict. 3. ***UK news***| A British crew member who became ill after a suspected outbreak of hantavirus on luxury cruise ship the MV Hondius [is to be medically evacuated