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58 resultsfor “why did oil prices drop”

Business

Cheap spirits, pricey condoms: how war in the Middle East is shifting the way Australians spend

oil trade. While many stocks have weathered the subsequent bout of market weakness, the Australian headquartered medical device company Cochlear lost more than 40% of its market value in a single trading session on Wednesday

The Guardian WorldApr 26
Business

The threat to summer holidays looming from jet fuel shortages

dropping." According to John Strickland of JLS Consulting, the price spike gives well-hedged low-cost carriers an advantage over rivals who have not bought so much fuel in advance. "They will look

BBC NewsMay 3
Politics

Russia has given Iran something more important than weapons

prices and the resulting drop in demand, the risk of a financial crisis due to disruptions in regional financial centres, and threats to Russian companies that have significantly expanded their presence in the region

Al Jazeera EnglishApr 30
Business

Tui cuts profit forecast as effects of Iran war cost travel group €40m

oil, and 62% of its winter season, and hedged more than 80% of the energy cost requirements for its cruise business for its full financial year. On Wednesday the UK’s Office for National Statistics

The Guardian WorldApr 22
Politics

Iran’s currency falls to new low as US blockade, sanctions impact trade

prices, despite concerns about corruption. ## Non-oil trade takes hit According to customs data released by state media, Iran’s non-oil trade has been negatively affected after commercial ties were disrupted

Al Jazeera EnglishApr 29
Politics

Uncertainty over the Strait of Hormuz remains, as ceasefire nears its end

dropping bombs again." Trump was on his way back to Washington, after appearing at Turning Point USA's "Build the Red Wall" rally in Phoenix, AZ. Despite hinting at the possibility of resuming attacks

NPR Topics: NewsApr 18
Business

Trump energy secretary says gas prices might not drop back under $3 a gallon until 2027

drop under $3 a gallon, the level they were at in December, as the Trump administration [touted](https://www.eia.gov/todayinenergy/detail.php?id=66784). Wright seemingly deflected, saying: “Under $3 a gallon is pretty tremendous in an inflation-adjusted

The Guardian WorldApr 19
Politics

Ed Miliband to double down on net zero with measures to combat Iran energy shock

prices soaring above $100 a barrel in March, Miliband has come under pressure, including from the Conservatives and Reform, to ramp up oil and gas drilling in the North Sea. In response, he is expected

The Guardian WorldApr 20
Business

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

price cap which sets a limit on the cost of each unit of gas and electricity. The cap dropped at the start of this month, but it is expected to increase in the next quarter

BBC NewsApr 27
Politics

EU formally approves €90bn Ukraine loan and 20th sanctions package against Russia

oil deliveries to [Hungary](https://www.theguardian.com/world/hungary) and Slovakia resumed on Thursday, the Hungarian energy group MOL reported, after both countries – heavily dependent on Russian crude – dropped their objections to EU support for Ukraine. Viktor

The Guardian WorldApr 23
Conflicts

Leaders urge for restraint as 10-day Israel-Lebanon ceasefire takes effect

drop dramatically because of the war, affecting revenue across the Gulf.| The International Monetary Fund said the country worst-hit economically is Qatar, with a nearly 9% contraction to its economy this year

NPR Topics: NewsApr 17
Conflicts

The U.S. blockade continues despite Iran's announcement the Strait of Hormuz is open

drop dramatically because of the war, affecting revenue across the Gulf.| The International Monetary Fund said the country worst-hit economically is Qatar, with a nearly 9% contraction to its economy this year

NPR Topics: NewsApr 17
World

From night life in Egypt to rice farming in Vietnam, the war in Iran is a drain

oil, sugar and powdered milk. And that all usually comes from Dubai," Abdulkadir says. Those shipments have been interrupted by the Strait of Hormuz blockade. The longer the war goes on, the worse it will

NPR Topics: NewsApr 24
Business

Kevin Warsh set to clear key Senate hurdle to replace Fed chair Powell

dropped his opposition following the Department of Justice’s ​decision on Friday to [end a criminal investigation](https://www.reuters.com/world/us/justice-dept-close-investigation-federal-reserve-renovations-us-attorney-pirro-2026-04-24/) into Powell that Tillis viewed as a threat to the ⁠Fed’s political independence

The Guardian WorldApr 29
Politics

Australians will pay more if Albanese fast-tracks fossil fuel projects, former oil and gas leaders warn

price shocks”. They said some gas would still be required, including to “firm” renewable energy generation, but Australia already had enough to meet future demand. “Fossil fuel lobbying has slowed the transition from petrostate

The Guardian WorldApr 30
Politics

Trump’s disapproval rating hits record high, new poll shows

oil crisis and sent gas prices rocketing to a four-year high. Trump achieved majority disapproval on his management of every issue measured, including Americans disapproved of his handling of that

The Guardian WorldMay 3
Politics

Middle East crisis live: Iran warns it will close strait of Hormuz if US blockade continues

dropping bombs again” if a long-term deal to end the war was not agreed by Wednesday, when their truce expires. ![The Malta-flagged oil tanker Agios Fanourios I, which sailed through the strait

The Guardian WorldApr 18
Science

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

dropping water on the Elmo Fire burning in northwest Montana. **Josh Burnham/Montana Public Radio** Josh Burnham/Montana Public Radio The U.S. Forest Service, the federal agency in charge of fighting most big wildfires in the United

NPR Topics: NewsApr 30
Science

Clean electricity meets all new demand, curbing fossil fuels, says Ember

dropped by 10-20 percent, losing its market dominance to clean energy. Not everyone is convinced. “In an average year, if clean resources are sufficient to meet extra demand for electricity, that doesn’t establish

Al Jazeera EnglishApr 21
Business

Condom prices could rise 30% due to Iran war, says world’s top producer Karex

prices are expensive … We have no choice but to transfer the costs right now to the customers,” Goh said. Karex produces more than 5 billion condoms annually and is a supplier to leading brands like

The Guardian WorldApr 21
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