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38 resultsfor “impact of Strait of Hormuz closure”

Business

UK faces higher prices for eight months after war in Iran ends, says minister

closure of the strait of Hormuz, a key shipping lane that carried a fifth of global oil and gas, has sent oil prices soaring since the US and Israeli attacks on Iran began in February

The Guardian WorldApr 26
Business

Iran war forces job losses, reverse migration in India’s ceramic hub

Strait of Hormuz, a lifeline for India’s gas imports, continues. Meanwhile, the war continues, with the US on Sunday capturing an Iranian cargo vessel, even as Washington says it is willing to hold another

Al Jazeera EnglishApr 21
Business

Airlines in Europe slash thousands of flights as Iran war cuts jet fuel supplies

impact of the war in Iran ripples across the aviation industry. [![A worker fuels a Delta Airlines plane at Salt Lake City International Airport on April 09, 2026. As fuel prices continue to rise amid

NPR Topics: NewsApr 23
Business

UK firms in ‘critical financial stress’ jump by a third as costs rise, report finds

impact of the Middle East conflict. Hospitality and leisure firms have been faring particularly badly because of shaky consumer confidence, and rising taxes and staff costs, according to research by the restructuring company Begbies Traynor

The Guardian WorldApr 29
Politics

Hormuz effect? How US, China are ramping up tensions over the Panama Canal

Hormuz.” Kraska said strong international opposition to the unilateral closure of major sea lanes will be a key factor driving a resolution, “regardless of the tension or conflict between the United States and Iran”. This

Al Jazeera EnglishApr 30
Politics

Iranian FM Araghchi to visit Pakistan as talks with US set to resume

Strait of Hormuz are key sticking points that in recent days have threatened to rupture Pakistan’s mediation efforts. For the residents of Pakistan’s capital, the equation is simpler – if frustrating: They want

Al Jazeera EnglishApr 24
Business

Quarter of a million people could lose job by middle of 2027 as UK ‘flirts with recession’, analysis says

closure of the strait of Hormuz trade route and its strikes on its regional neighbours, which have sent oil and gas prices soaring, will cause the biggest economic hit since the Covid pandemic, according

The Guardian WorldApr 20
Business

UK could face gaps on supermarket shelves by summer if Iran war continues

Hormuz](https://www.theguardian.com/world/strait-of-hormuz) does not reopen, disrupting supplies of the CO2 required by the food industry. Officials from government departments including No 10, the Treasury and the Ministry of Defence have run a planning

The Guardian WorldApr 16
World

Middle East crisis live: US claims blockade has ‘completely halted economic trade’ into Iran, as Trump hints at return to talks in Pakistan

closure of the strait of Hormuz to ships using other Gulf ports. The blockade has created further uncertainty for shippers, oil companies and war risk insurers. On Wednesday morning, US central command (Centcom) said

The Guardian WorldApr 15
Health

How Iran war has triggered soaring cost of medicines, condoms

Strait of Hormuz, through which 20 percent of the world’s oil and liquefied natural gas (LNG) supplies are shipped in peacetime. Experts say this has also disrupted pharmaceutical supply chains, which are reliant

Al Jazeera EnglishApr 23
Business

Airlines hike fares, cut millions of seats as Iran war drives up fuel costs

closures imposed in response to Iranian attacks on regional hubs such as Dubai and Doha. Qatar Airways alone slashed two million seats scheduled for June through October, with the United Arab Emirates-based carriers Emirates

Al Jazeera EnglishMay 6
Politics

Democrats urged to link clean energy to affordability as Iran war hikes up prices

closure](https://www.theguardian.com/world/2026/apr/12/trump-says-us-will-blockade-strait-of-hormuz-as-iran-peace-talks-fail) of the strait of Hormuz, where a fifth of the world’s oil and gas normally travels, in the wake of the US and Israel’s attack on Iran caused energy

The Guardian WorldApr 20
Politics

Trump claims US has total control over strait of Hormuz after Iran seizes two container ships

impact of the war on the global economy could linger long after any peace deal was agreed. A Pentagon spokesperson described the report as “inaccurate” but did not provide specific objections. In his Truth Social

The Guardian WorldApr 23
Politics

‘Operation Epic Fury’ has ended: Is the Iran war over?

closure of the strategic waterway, through which 20 percent of the world’s oil and liquefied natural gas (LNG) supplies are shipped in peacetime. Iran’s threats to attack ships in the strait have blockaded

Al Jazeera EnglishMay 6
Politics

‘Project Freedom’ marks a classic Trump flip from warmonger to humanitarian

closure of the strait of Hormuz, with all the economic disruption that comes with it. On the global trading floors, he has already earned the nickname Taco (Trump Always Chickens Out). Last week, a [trader

The Guardian WorldMay 4
Business

'I don't want the children to see how worried we are': UK family finances hit by Iran war

closure of the Strait of Hormuz - the narrow waterway which separates Iran from Oman. The strait is deep enough for the world's biggest tankers carrying crude oil, and when everything is running normally

BBC NewsApr 27
Politics

‘A stress test’: US-Germany rift widens as Iran-war drags on

impact may be limited. More consequential, analysts say, could be a separate decision to cancel plans to station long-range weapons systems in Germany. On Monday, the German defence ministry said there had been

Al Jazeera EnglishMay 6
Politics

Wednesday briefing: How Trump’s attempt to reopen to strait of Hormuz brought war closer again

closure is a key part of their negotiating position. Iran fired missiles at the UAE – a reminder to the world that a return to war is close. In a spate of claims and counterclaims

The Guardian WorldMay 6
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