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134 resultsfor “Impact of the Iran war on gas prices”

Business

Iran war’s big winners: Wall Street, weapons firms, AI and green energy

impact of the United States-Israeli war on Iran and the shutdown of the Strait of Hormuz on the world economy. The war has damaged energy infrastructure across the Gulf, while critical exports like

Al Jazeera EnglishApr 17
Business

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

gas and electricity bills were behind a bigger than expected drop in the UK's inflation rate, official figures show. The rate of inflation, which measures price rises over time, fell

BBC NewsMay 20
Conflicts

Maths behind Hormuz toll: Is paying Iran for transit cheaper than blockade?

war broke out, Brent crude – the global benchmark for oil prices – closed at $72.48 per barrel. After Iran closed the waterway on March 4 and began attacks on vessels attempting to sail through, traffic came

Al Jazeera EnglishMay 21
Business

UK inflation rate rises to 3.3% in March after Iran war pushes up fuel prices

Iran war had added to the "devastating cost-of-living crisis" people have been struggling with for years. "It's only the Lib Dems with a real plan to protect people from Trumpflation

BBC NewsApr 22
Politics

Trump government extends Jones Act waiver by 90 days to dampen oil prices

Iran. Friday’s move, even though its [impact on lowering prices is questionable](/economy/2026/4/13/energy-prices-rise-despite-jones-act-suspension-by-trump), reflects a broader push by the White House to dampen politically sensitive fuel price spikes before November’s midterm elections, where

Al Jazeera EnglishApr 24
Politics

'Bit of pain' worth long-term security from Iran, Bessent tells BBC

impact on consumers would be less severe. Oil has risen close to $120 during the Iran conflict but has since fallen back, although it remains above pre-war levels, and [on Tuesday, a barrel

BBC NewsApr 14
Politics

UK relaxes strict sanctions on Russian crude oil

prices have eclipsed the high set during the Iran oil crisis. Relaxing sanctions will allow imports of jet fuel from India, which was previously a key supplier to the UK and Europe. Russian crude

The Guardian WorldMay 20
Business

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

Iran war driving up ink prices? And will crisp packets be colourful again? ## What have Japanese companies said? In a statement, Calbee said its decision to switch to black-and-white packaging was a response

Al Jazeera EnglishMay 14
Business

Fertiliser shortages will have ‘dramatic’ effect on global food prices, warns farming boss

impact on food prices globally next year, according to one of Britain’s most powerful property and farming companies. Mark Preston, [executive trustee of the 349-year-old Grosvenor Group](https://www.theguardian.com/business/2025/may/28/trump-tariff-war-global-damage-grosvenor-duke-westminster), controlled

The Guardian WorldMay 6
World

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

Iran in the countries of the Global South — notably in Africa and Asia because of their dependence on imports from the region. In many countries, daily life has not been the same since the war

NPR Topics: NewsApr 24
Conflicts

Friday briefing: How Gaza, Lebanon and Iran have found themselves caught in an escalation without end

Iran](https://www.theguardian.com/world/iran) is “pretty close” to signing a peace agreement with the US, which would see the strait of Hormuz, the narrow maritime passage through which about 20% of the world

The Guardian WorldJun 5
Business

UAE quits OPEC: What that means for the Gulf, energy markets and beyond

gas (LNG) are shipped from Gulf producers. Before the start of the war, the UAE’s production capacity had grown to 4.8 million bpd, but under its OPEC agreement, it was only allowed to produce

Al Jazeera EnglishApr 29
Business

In five charts - How UAE's exit could affect Opec's influence over the oil price

war. That policy came alongside a co-ordinated cut to oil production. Oil prices more than doubled, there was fuel rationing, and the significant knock-on effects were compounded by a second oil shock

BBC NewsApr 29
World

Chiang Mai’s New Year revelry hit by smog and war-related price spikes

war on Iran](https://www.theguardian.com/world/2026/mar/20/iran-war-shocks-across-globe-effects-key-takeaways), which has disrupted flights and driven up operating costs, prompting Thailand’s tourism authority to revise down the national target for international arrivals by as much

The Guardian WorldApr 14
Politics

What people in power think the impact of the Iran war will be

impact on economically poorer countries. Iraq is not shipping or producing oil, which is normally responsible for 85% of revenues. Bangladesh, with significant household needs for gas for cooking, is cut off from Middle East

BBC NewsApr 18
Business

Africa’s richest man plans new Mombasa oil refinery: Why this matters

impact of the war in terms of fuel supply for Nigeria and neighbouring countries, analysts say. Nigeria is Africa’s largest oil producer, and the $19bn project in Lagos is currently the world’s largest

Al Jazeera EnglishMay 12
Politics

How the Iran war is hitting the UK

gas prices are climbing and inflation fears are back. But the bigger risk is ‘demand destruction’. “Demand destruction happens when high prices force people and businesses to buy less. We’re seeing it already

Al Jazeera EnglishApr 29
Politics

Iran hosts Pakistani delegation amid diplomatic flurry to avert new US strikes

impact on civilians. Sites that hold Iran’s stockpile of highly enriched uranium, which has been a key point in negotiations, could be targeted, but those facilities and other nuclear sites are probably deep underground

The Guardian WorldMay 23
Business

UK unemployment unexpectedly rises to 5% as firms squeezed by Iran war

impact of the Iran war. The Office for National Statistics (ONS) said the rate of unemployment was up in the three months to March, from 4.9% in February, a rate that City economists had expected

The Guardian WorldMay 19
Politics

Iran war: What’s happening on day 74 as Tehran says ready for ‘aggression’

Iran talks show both sides are “speaking past each other”, warning pressure tactics such as Strait of Hormuz disruptions could deepen the conflict, damage the regional economy and harden tensions into a prolonged “frozen conflict

Al Jazeera EnglishMay 12
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