65 resultsfor “What are oil companies doing about rising gas prices”
Gas, told reporters that New Delhi had been buying Russian oil before Washington’s waiver on the sanctioned oil. “Regarding the American waiver on Russia, I would like to emphasise that we have been purchasing
gas exports pass from the Middle East, mainly to Asia and also to Europe. More recently, the US has put in place its own blockade to cut off any ships carrying Iranian oil and eventually
company Maersk said the Alliance Fairfax – a US-flagged vehicle carrier – exited the Gulf. Shipping [industry experts remain skeptical](https://www.theguardian.com/business/2026/may/04/strait-of-hormuz-donald-trump-us-navy-iran-shipping) about whether vessels will be able to travel safely to and from
price rises that followed Russia’s invasion of Ukraine. Households across the world are [spiralling into debt](https://www.theguardian.com/business/2026/apr/30/rising-costs-forcing-3m-uk-households-skip-meals-which-report), farmers [cannot afford fertiliser](https://www.theguardian.com/business/2026/apr/23/fertiliser-short-supply-australia-farmers-bread-prices-strait-of-hormuz) and governments are remembering that a dependency
companies](https://www.npr.org/2026/04/14/nx-s1-5766431/us-iran-trump-lng-supply-strait-of-hormuz-qatar) The announcement comes after President Trump ordered the U.S. Navy to enforce a blockade of the Strait of Hormuz following U.S.-Iran peace talks in Islamabad over the weekend that ended