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118 resultsfor “Why are gas prices increasing now”

Business

Faisal Islam: Bank of England is trying to manage expectations

gas and electricity in the summer, food prices too - supposed to think about a significant spike in mortgage costs? I put that question to the Bank of England governor, Andrew Bailey. He responded: "These

BBC NewsApr 30
Politics

UK steps up plans for potential shortages caused by Iran war

gas. Supermarkets have said they are working with the government to help plan for a worst-case scenario. And, last month, the National Farmers' Union said cucumber and tomato prices could rise over the next

BBC NewsApr 25
Politics

Why are fuel price protests sweeping the Republic of Ireland?

price increases of around 28 percent for diesel and 25 percent for petrol in the Irish Republic since the US and Israel launched the first strikes on Iran on February 28, and Iran closed

Al Jazeera EnglishApr 16
Business

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

increased production and a permanent change to the fluidity and cost of tanker traffic in the Gulf. For now, of course, during a double blockade of sea traffic in the Strait of Hormuz, this

BBC NewsApr 28
Politics

Trump administration blocks US wind energy projects in switch to oil and gas

prices, while the [increasing energy appetite of new AI datacenters has put more pressure](https://www.reuters.com/business/energy/us-consumers-face-rising-electricity-prices-despite-clean-power-savings--reeii-2026-04-28/) on power supplies. As energy costs and consumption continue to rise, wind and other renewable sources have been

The Guardian WorldApr 28
Business

The Iran war sent jet fuel prices sky-high. Here's what air travelers should know

increase revenue outside of ticket prices." Already, rising fuel costs have forced many major airlines to raise baggage fees and suspend certain routes. Those disruptions are poised to further snarl a busy summer travel season

NPR Topics: NewsYesterday
Business

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

increase in food prices will depend on when the strait of Hormuz, an important shipping passage where about 1,600 vessels are stranded, opens again. Preston said: “The concern is at least as much

The Guardian World16h ago
Politics

First Thing: Vance to lead US delegation in Pakistan if Iran agrees to talks

price shocks in oil and gas, [Democrats should loudly champion clean energy’s](https://www.theguardian.com/environment/2026/apr/20/democrats-clean-energy-iran-war-affordability) affordability and the stability it offers, according to some of the party’s leading voices on the climate. Meanwhile

The Guardian WorldApr 21
Business

CEOs of US’s top energy firms received average pay raise of $12.3m, review finds

increases as they tried to hike prices. John Ketchum, NextEra Energy CEO, was the nation’s third highest-paid CEO in 2025, with a $24m compensation package. NextEra subsidiary Florida Power & Light last year requested

The Guardian WorldApr 29
Business

Gasoline could drop below $4 in coming days

gas stations have already paid high prices to fill their massive underground tanks, and will try to recoup that cost. But wholesale gasoline markets are already showing price drops, he says, just hours after

NPR Topics: NewsApr 17
Business

Oil prices rise and markets fall after US ship seizure hits Iran peace deal hopes

gas market prices rose by 5.8% to 102p a therm on Monday. Analysts at the Energy and Climate Intelligence Unit have estimated that a sustained oil price of $100 a barrel would mean British motorists

The Guardian WorldApr 20
Conflicts

U.S. attempt to open Strait of Hormuz tests fragile Iran war ceasefire

gas typically passes, along with fertilizer and other petroleum-derived products, has sent fuel prices skyrocketing, rattled the global economy, and proved a major strategic advantage in negotiations to end the war. Breaking that chokehold

NPR Topics: NewsMay 5
Politics

The cost of 76 years of US wars, from Korea to Iran

price Marwa Jadoon, 40, from Oklahoma, whose name has been changed to keep her identity concealed, says her out-of-pocket expenses have increased by more than 35 percent over the past couple of months

Al Jazeera EnglishApr 28
Politics

First Thing: Trump announces 10-day ceasefire in Lebanon after ‘excellent conversations’

prices in ways that would harm consumers and competition.” ## **D4vd arrested on suspicion of killing teen girl whose body was found in his Tesla** ![D4vd holding a microphone on stage](https://i.guim.co.uk/img/media/b23347dabd29c37af8c81a842289125e7a87f95f/300_0_3001_2400/master/3001.jpg?width=445&dpr=1&s=none&crop=none) D4vd performing

The Guardian WorldApr 17
Business

Oil prices rise after Trump says Iranian ship seized

price rose by 5.4% to $95.27 (£70.62) a barrel, while the US benchmark was 5.9% higher at $88.79. The increases reversed some of the big falls seen on Friday when Iran had said the Strait

BBC NewsApr 20
Conflicts

Bowen: Strait of Hormuz standoff raises risk of sliding back into all-out war

gas, as well as helium for high tech industries and feedstocks for fertiliser, are having an increasingly heavy impact on millions of people a long way from the war zone. The fertiliser crisis risks causing

BBC NewsMay 5
Business

The city caught in the middle of the big energy shift debate

gas. We're still exposed to energy price shocks," says the party leader, Alex Cole-Hamilton. The Scottish Green Party wants to see far greater urgency. "We know that it's a declining basin

BBC NewsApr 30
Politics

Iran shifts economic focus to essentials during war uncertainty

price hikes. In addition to reintroducing the cheap exchange rate, the official said the government is evaluating if it can increase the volume of monthly handouts and electronic coupons to Iranians to partially compensate

Al Jazeera EnglishApr 26
Politics

Cut UK speed limits to reduce Iran war impact on consumers, thinktank urges

increased home working and carpooling.” Such a measure would probably prove controversial. Wales reduced its default speed limit to 20mph in 2023 and a BBC [poll](https://www.bbc.co.uk/news/articles/c93jvpjwdezo) this year found that more than

The Guardian World10h ago
Business

Mortgages, bills and jobs: Five takeaways from the Bank of England meeting

increases in rates. Given events in the Middle East, it was already inevitable that domestic energy bills will rise this summer. The Bank paints a relatively bleak picture, even though uncertainty still dominates. In short

BBC NewsApr 30
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