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72 resultsfor “why are petrol prices rising in the US”

Business

Oil prices plunge as Iran says Strait of Hormuz 'open' during ceasefire

rises in the price of oil have pushed up the price of petrol and diesel for drivers, as well as sparking concerns over the supply of jet fuel, leading to fears airlines will have

BBC NewsApr 17
Business

Lower gas and electricity bills behind UK inflation fall to 2.8%

US-Israel war with Iran continues to impact the global prices. A lower rate of inflation does not mean prices are falling across the board, but that prices are rising more slowly than previously

BBC NewsMay 20
Business

UK shoppers return to high street as warm weather brings respite from shadow of war

petrol and diesel prices linked to the Middle East conflict, which began in late February. BDO said total sales on the high street grew by 3.4% from the same month in 2025. The BRC said

The Guardian WorldJun 5
Business

From Australia to Vietnam, the Iran war is fuelling demand for EVs

petrol and diesel prices worldwide, demand for EVs has been surging in numerous countries. The United States and China, the world’s two largest economies, have both seen a surge in EV sales after market

Al Jazeera EnglishApr 27
Business

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

prices have surged since the war began, driving up the cost of taking 10-year-old Riziah - who was born with complex medical conditions - to hospital for vital care more than 30 miles away

BBC NewsApr 27
Business

EU farmers and hauliers to get up to €50,000 to cover extra costs of Iran war

petrol pumps. Although the scheme raises the risk of fraud, the EU has said it believes the problems facing small- and medium-sized businesses after the sharp rise in costs since the US and Israel

The Guardian WorldApr 29
Business

Will the FIFA World Cup be the economic bonanza US cities were promised?

petrol, are weighing on discretionary spending. Gas prices now stand at $4.16 per gallon (3.78 litres), according to the American Automobile Association (AAA), compared with $2.98 per gallon on February 28th when the US

Al Jazeera EnglishJun 8
Conflicts

Fuel theft couple caught after locals help track them down

US-Israel war with Iran began. Prices surged when the conflict began on 28 February, with the production and transportation of oil across the Middle East slowing or stopping entirely due to missile strikes

BBC NewsMay 17
World

Lebanon’s economy struggles under renewed war and global fuel crisis

rising as a result of supply issues – particularly of oil from the Gulf region, which has largely stopped since the US and Iran blockaded the Strait of Hormuz. And, in Lebanon, which had already been

Al Jazeera EnglishMay 22
Politics

Trump v Massie: Could president's Republican nemesis survive $20m attack to oust him?

rising petrol prices and an Iran war that is dividing his base, could bolster Massie's anti-interventionist brand of foreign policy. Massie's leadership on the Epstein files has let him position himself

BBC NewsMay 18
Business

Electric car sales soar 51% in mainland Europe as Iran war drives up fuel prices

prices Sales of electric cars soared 51% in continental [Europe](https://www.theguardian.com/world/europe-news) last month, amid a rise in petrol and diesel costs driven by the Iran war. Data shows that 224,000 new electric

The Guardian WorldApr 20
Politics

The three clocks of the Iran war

US crude oil jumped past $90 per barrel, up from $67 the day before the war broke out. Inflation climbed at an annual rate of 3.3 percent in March, with gasoline prices rising 21.2 percent

Al Jazeera EnglishApr 17
Business

Bank of England leaves interest rates on hold at 3.75%

US-Israeli war on Iran began. However, rising energy costs as a result of the effective closure of the strait of Hormuz has began to push up inflation around the world. The latest Office

The Guardian WorldApr 30
Business

Japanese snacks go black-and-white: Why Iran war is driving up ink prices

US-based Sun Chemical, a major global producer of ink and related products, said rising raw-material, logistics and energy costs were forcing broad increases across product lines. Another leading specialist in printing inks, Germany

Al Jazeera EnglishMay 14
Business

From oil giants to banks - these companies are making billions from Iran war

price of oil still significantly higher than when the war broke out. Some of the biggest banks have also seen their profits boosted during the war in Iran. JP Morgan's trading arm made

BBC NewsMay 8
Business

Faisal Islam: Why the UAE's exit from Opec is a big deal

prices of oil, gas, petrol, plastics and food. While the world understandably focuses on oil at $110 per barrel, this is, however, a reason not to discount the chance that it could be closer

BBC NewsApr 28
Business

Coles adds 20c to the price of milk as war in the Middle East pushes up Australian grocery costs

US-Israel war on Iran. [Sign up for the Breaking News Australia email](https://www.theguardian.com/email-newsletters?CMP=copyembed&CMP=emailbutton) One litre of Coles brand fresh milk has risen from $1.65 to $1.85, with two litres up from

The Guardian WorldApr 22
Business

Barclays cuts back risky lending after £228m hit from UK mortgage firm MFS

rise in energy prices if the war dragged on. “Higher oil prices and the longer they go on will have an impact on the economy,” he said. “And we do care. We’ve not seen

The Guardian WorldApr 28
Business

Bangladesh seeks IMF aid: How badly has Iran war hit its economy?

US has a [naval blockade](/news/2026/4/24/how-long-can-iran-survive-the-uss-hormuz-blockade) of Iranian ports in place. All this has caused major disruptions to energy supplies worldwide and caused the price of oil to rise to about $100 a barrel, compared

Al Jazeera EnglishMay 27
Politics

Economic confidence plummets in US amid Iran war, poll shows

rise amid the [war on Iran](/news/liveblog/2026/5/22/iran-war-live-signs-of-progress-amid-efforts-to-reach-us-iran-peace-deal). The survey, released on Friday, deepens US President Donald Trump’s political woes ahead of the midterm elections in November, which will determine whether his Republican Party

Al Jazeera EnglishMay 22
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