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119 resultsfor “current US gas prices”

Politics

Trump claims US has total control over strait of Hormuz after Iran seizes two container ships

prices at about $100 (£74) a barrel. While US forces have proved capable of stopping ships coming out of Iranian ports, they have still not demonstrated the capacity to open the strait to vessels coming

The Guardian WorldApr 23
Conflicts

Iran vows ‘long, painful’ response if US renews attacks

gas supplies. That has sent global energy prices surging and heightened concerns about the risks of an economic downturn. Pakistan-led efforts to resolve the conflict have hit an impasse. Despite a ceasefire in place

Al Jazeera EnglishMay 1
Politics

Trump says ceasefire with Iran on ‘life support’ after rejecting peace proposals

currently receives from its oil sales, and enough to stabilise foreign exchange reserves. Oil prices rose to more than $105 a barrel as the deadlock continued, and unpalatable military options that are unlikely to change

The Guardian WorldMay 11
Business

Oil prices soar on fears of long supply disruption, US siege of Iran ports

US military $25bn so far. “Prospects for any near-term resolution to the Iran conflict or a reopening of the Strait of Hormuz remain dim,” IG market analyst Tony Sycamore said in a note

Al Jazeera EnglishApr 30
Business

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

US and Israel’s war on Iran and Tehran’s subsequent closure of the Strait of Hormuz, through which about 20 percent of the world’s oil and natural gas is shipped. Dangote, Africa

Al Jazeera EnglishMay 12
World

World Cup Day 1: Schedule, predictions, opening ceremony and what to watch

US immigration policies prompting some fans to reconsider attending. FIFA introduced dynamic pricing for the first time, meaning ticket costs rise with demand. With more than 500 million ticket requests submitted during the initial sales

Al Jazeera EnglishYesterday
Business

US inflation jumped to 3.8% in April as war with Iran continues to drive up prices

gas would typically pass through. Oil prices continued to [climb](https://www.theguardian.com/business/2026/may/11/oil-prices-climb-trump-dismisses-iran-response-us-peace-plan) Monday after [Donald Trump](https://www.theguardian.com/us-news/donaldtrump) called Iran’s response to US peace proposals “totally unacceptable”. Iran suggested a shorter moratorium

The Guardian WorldMay 12
Business

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

gas, chemicals and fertiliser remain largely stranded by Iran’s shutdown of the strait and the subsequent US naval blockade of Iranian ports. In the worst-case scenario of a prolonged war, the IMF said

Al Jazeera EnglishApr 17
Conflicts

How the war has made Iran’s water crisis worse

pricing have promoted the country’s aim of self-sufficiency but have led to excessive irrigation and over-pumping. The country’s self-sufficiency policy accounts for about 90 percent of Iran’s water

Al Jazeera EnglishJun 2
Politics

Pakistan’s army chief in Iran as US’s Rubio says ‘slight progress’ in talks

currently holding talks with Iran’s foreign minister, ⁠but added that ⁠Pakistan remained the main ⁠mediator in ⁠the ⁠negotiations ## EU to sanction Iran over Hormuz As diplomatic efforts continue, European Union nations moved towards imposing

Al Jazeera EnglishMay 22
Politics

As the U.S.-Iran ceasefire deadline looms, here are the main sticking points

US-Israeli strikes, on April 20, 2026 in Tehran, Iran. **Majid Saeedi/Getty Images Europe** Majid Saeedi/Getty Images Europe Officials in Islamabad say the city remains ready to host the talks, though Pakistan's government

NPR Topics: NewsApr 21
Politics

Trumps sends delegation to Pakistan for possible new round of Iran war talks

prices surging because of the strait’s closure. As of early Sunday evening, Iranian media said Tehran had yet to decide whether it would take part in the talks, with the IRNA state news agency

The Guardian WorldApr 19
Conflicts

US, Iran, UAE trade Hormuz attack claims: What we know

currently stranded on either side of the strait, which has been almost completely closed since the start of the war on February 28. On Monday, Iran’s Fars News Agency reported that a US warship

Al Jazeera EnglishMay 5
Conflicts

US stadium and hotel workers threaten strikes ‘to make things fair’ during World Cup

us, they don’t have a stadium. Are they going to cook? Are they going to pour those drinks? Are they going to serve these people?” Miles said she and her coworkers cannot afford

The Guardian WorldJun 9
Politics

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

current fossil fuel shortages, many countries feel an increasing urgency to transition their economies away from oil, gas, and coal, says Ralph Regenvanu, minister for climate change of Vanuatu. The island nation is threatened

NPR Topics: NewsApr 29
Business

Europe has 'maybe 6 weeks of jet fuel left', energy boss warns as Strait of Hormuz effectively closed

US jet fuel exports in recent weeks. However, it warned that even if these shipments were all destined for Europe, they would only replace a little over half of the lost supplies. Analysing different scenarios

BBC NewsApr 16
Conflicts

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

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 to a standstill, stranding about 2,000 ships on either

Al Jazeera EnglishMay 21
Business

Energy bills will rise by £200 in July to nearly £1,900 a year, forecast says

US-Israeli strikes on Iran. The regulator determines the maximum price of each unit of gas and electricity based on the cost of supplying energy to homes, including the average wholesale market costs

The Guardian WorldMay 19
Politics

‘Why are we talking about this?’: Democrats are furious that the Bidens won’t go away

current president and related concerns: high gas prices, immigration concerns, [Jeffrey] Epstein,” the person said. The renewed firestorm around the two-year-old debate comes as other moves by the Biden clan force Democrats

POLITICO PoliticsMay 28
Conflicts

Map of dominance: Why Iran can’t afford to give up Hormuz control

current situation is unbearable for the United States, while we have not even begun yet.” Behind the veneer of confidence, however, analysts say Iran is increasingly reliant on control of the Strait of Hormuz

Al Jazeera EnglishMay 5
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