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259 resultsfor “Why are gas prices increasing now”

Politics

Trump claims US fuel prices ‘not very high’ as costs surge amid Iran war

gas prices in 2022 were exacerbated by the war in Ukraine, which tightened the world’s oil supply. The sharp uptick in energy prices largely drove inflation to 3.8% last month, the highest increase

The Guardian WorldJun 9
Politics

Ignore ‘self-serving’ claims from gas giants and implement 100% tax on windfall profits, Ken Henry says

increases in profits often caused by external factors, such as a conflict. The gas companies, for example, experienced a surge in revenue after Russia’s illegal invasion of Ukraine in 2022 sent global prices

The Guardian WorldApr 15
Politics

Iran war effect: Why is Modi asking Indians to avoid foreign trips, gold?

increase. Iranian attacks on oil and gas facilities in the Gulf in the early weeks of the war impacted energy supplies. Since early March, Iran has also restricted passage through the [Strait of Hormuz](/news/2026/5/9/on-level-of-atomic-bomb-iran-highlights-hormuz-importance-amid-us-talks

Al Jazeera EnglishMay 11
Health

How Iran war has triggered soaring cost of medicines, condoms

price of medicines increased? Since the early days of the war, Iran has blocked the Strait of Hormuz, through which 20 percent of the world’s oil and liquefied natural gas

Al Jazeera EnglishApr 23
Politics

In new poll, Americans voice broad bipartisan support for age caps in Congress

increasingly dominated by younger voters](https://www.brookings.edu/articles/younger-voters-are-poised-to-upend-american-politics/). [![A gas pump stands at a station in Manhattan on April 21 in New York City. Most Americans say that high gas prices

NPR Topics: NewsMay 7
Politics

Norwegian government rebuked over decision to reopen North Sea gas fields

increase financial analysts predicted. The company’s record fossil fuel production combined with surging market prices helped it to its highest quarterly profits since 2023, when Russia’s invasion of Ukraine caused a gas

The Guardian WorldMay 6
Business

Walmart plans price cuts using tariff refunds as shoppers get skittish

prices, executives said on Thursday, as they described shoppers who are increasingly anxious about the rising cost of fuel. In recent weeks, visitors to Walmart's gas

NPR Topics: NewsMay 21
Politics

Trump critic Massie defeated: Takeaways from US primary election results

increase to the state gas tax backed by Democratic lawmakers. The measure struggled as many voters were already dealing with high fuel prices

Al Jazeera EnglishMay 20
Business

Prices are up, but Mother's Day still means brunch

gas prices have Americans feeling anxious about the economy, that's not stopping them from opening their hearts — and wallets — for their moms this Sunday. ### Record holiday spending Spending on this Mother's Day might

NPR Topics: NewsMay 8
Politics

Could this conference be a 'turning point' for the world's use of fossil fuels?

gas prices and energy shortages triggered by the recent war have created what the Executive Director of the International Energy Agency, Fatih Birol, has called "[the mother of all energy crises](https://www.youtube.com/watch?v=hmHIrtBZIAg)." With

NPR Topics: NewsApr 29
Politics

Reeves cuts VAT on summer days out to 5% as part of cost of living support

increased prices and volatility pay their fair share,” Reeves said, suggesting the shift would raise several hundred million pounds. “Currently, some oil and gas

The Guardian WorldMay 21
Business

US gas prices hit $4.23 high as Hormuz fears drive oil surge

gas prices a year ago averaged $3.16. The milestone comes as US officials contemplate an extended blockade by the US and Iran of the strait of Hormuz, the transit chokepoint for 20% of the world

The Guardian WorldApr 29
Politics

Iran War timeline continues to shift. And, jury rules Live Nation acted as monopoly

gas prices and haven't felt it in other areas, Wald says that the longer the conflict continues, the more prices across the economy will increase

NPR Topics: NewsApr 16
Business

Four in five Britons worried Iran war will make food more expensive, poll finds

increases to consumers, while 73% expect the conflict to push up prices of other products. The blockade of the strait of Hormuz has already sent oil and gas

The Guardian WorldMay 6
Science

Denver has a plan to heat and cool buildings without fossil fuels. It involves … sewage?

increased maintenance costs, fossil fuel prices and a steady drip of customers quitting the system. A [2021 city ordinance](https://www.denvergov.org/Government/Agencies-Departments-Offices/Agencies-Departments-Offices-Directory/Climate-Action-Sustainability-and-Resiliency/Cutting-Denvers-Carbon-Pollution/Efficient-Buildings-and-Homes/Denver-Building-Regulations/Energize-Denver-Building-Performance-Policy#:~:text=The%20Energize%20Denver%20Building%20Performance,5%2C000%20to%2024%2C999%20square%20feet) requires large buildings in Denver to cut their greenhouse gas

NPR Topics: NewsMay 20
Business

Britain ‘faces deindustrialisation’ without relief from high energy prices, survey warns

prices. Electricity and gas in the UK are far too expensive and it’s costing our country steeply. We cannot afford to be delayed by political upheaval, or by further consultations.” Almost half

The Guardian WorldJun 15
Politics

Putin meets Xi: Why Russia and China need each other

gas at discounted prices while expanding its influence over Moscow’s economic future. ![INTERACTIVE-What do China and Russia trade most?-sep3-2025 copy 4-1756879426](https://www.aljazeera.com/wp-content/uploads/2025/09/INTERACTIVE-What-do-China-and-Russia-trade-most-sep3-2025-copy-4-1756879426.png?quality=80) (Al Jazeera) ## Why China still needs

Al Jazeera EnglishMay 19
Conflicts

Middle East crisis live: Trump says Iran ceasefire is on ‘massive life support’

prices to surge, including in the US where gas and fertiliser costs have soared. Sources have [told CNN](https://edition.cnn.com/2026/05/12/world/live-news/trump-iran-war-news) that the US president is growing increasingly

The Guardian WorldMay 12
Politics

Poll finds 61 percent of Americans believe attacking Iran was a mistake

gas prices, 44 percent of respondents said they had cut back on driving, and 42 percent said they had done the same for household expenses. Those figures increased

Al Jazeera EnglishMay 1
Business

Hot weather and hungry datacentres lift Australia’s energy demand to record highs but batteries quell prices

increasingly absorbing excess renewable energy during the day and shifting it into the market during evening peaks, helping moderate prices during high-demand periods.” By reducing reliance on gas

The Guardian WorldApr 29
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