92 resultsfor “Iran economic crisis causes”
caused by the Iran war. Sir Keir Starmer will chair another meeting of a Cabinet committee on Tuesday set up to deal with any shortfalls and a group of ministers is meeting twice a week
economic activity and rising employment.  A tanker anchored in the strait of Hormuz off the coast of Iran. Photograph
Iran has caused a fuel crisis and spiked global 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
caused by Tehran’s Hormuz blockade and the US naval siege on Iran. Still, Heurlin said Beijing has been reluctant to get involved in the crisis. “In terms of Iran, the Chinese have sort
Iran’s Supreme Leader Ayatollah Ali Khamenei two days later. Over the next few days, Israel would displace more than 1.2 million people in Lebanon in a bombing campaign across the country. Israel has killed
caused by a [US oil blockade](/economy/2026/5/9/a-year-of-resistance-cubas-private-sector-faces-trumps-oil-blockade), and the loss of Venezuelan energy supplies following [Nicolas Maduro’s abduction and ouster](/news/2026/3/26/venezuelas-maduro-set-to-again-appear-in-us-court-how-strong-is-the-case) from Caracas. ## The Venezuela model ‘won’t work in Cuba’ When US forces
Iran and Lebanon – and caused global economic pain by pushing up energy prices. ## **Lead prosecutor withdraws from criminal case against James Comey**  The former FBI director James
Crisis Group’s Senior Analyst for Syria, told Al Jazeera. ## New priorities In December 2024, Syrian opposition groups launched an operation to take government-controlled areas, including Damascus, from the grip of the al-Assad
crisis highlights meagre oil buffers in developing world As the [blockade of the Strait of Hormuz](/news/2026/4/14/fao-warns-strait-of-hormuz-disruption-risks-triggering-a-global-food-crisis) drives the worst energy crunch in modern history, leading governments to scramble to unload their emergency oil stockpiles
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 as 18%. But people fear
crisis, with Iran effectively shutting down the Strait of Hormuz soon after the war started, except for ships belonging to countries that negotiated separate deals. On Monday the US began a naval blockade
causing oil prices to rise. He has since rowed back. Photograph: Michael M Santiago/Getty Images “I have, as President of the United States of America, cancelled the scheduled strikes and bombings against Iran this evening