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238 resultsfor “Why are gas prices increasing now”

Business

War, inflation and Trump’s tariffs have shaken the US. Why does the stock market keep going up?

increased prices. Amid the war on Iran, inflation has started to go up once again. In April, annual inflation[surged to 3.8%](https://www.theguardian.com/business/2026/may/12/us-inflation-april-iran-war), up from 2.4% in February. Higher prices would typically mean

The Guardian WorldMay 14
Business

Oil prices fall below $100 a barrel on hopes of Iran peace deal

gas and many other materials including fertiliser, which is expected to drive food prices sharply higher in the coming months. As a result, expectations of interest rate cuts from central banks prior to the Iran

The Guardian WorldMay 25
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
Conflicts

Growing bread queues in Gaza as Israel restricts fuel, flour imports

increased prices and the growth of a black market. Ismail al-Thawabta, the head of Gaza’s Government Media Office, said last month that the territory needs about 450 tonnes of flour

Al Jazeera EnglishMay 18
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: NewsMay 5
Business

US consumer sentiment improves in June due to easing gas prices

Gas prices, however, came down in May, leading to some relief for American consumers, according to Hsu. The recent uptick in consumer sentiment was widespread, seen across age groups, education levels and political parties. Lower

The Guardian WorldJun 12
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 WorldMay 6
Politics

Iran warns of readiness for war and economic costs as US talks falter

increased significantly since the conflict began on February 28, resulting in the effective closure of the Strait of Hormuz, where around a fifth of the world’s oil and gas is normally shipped. “Americans

Al Jazeera EnglishMay 16
Business

Rising global costs threaten Mexico’s production costs and food stability

increase across the country’s highways and rural areas. And as global grain prices plummeted, Mexican producers have been protesting grain imports and demanding that the federal government guarantee minimum prices, similar to the price

Al Jazeera EnglishMay 23
Conflicts

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

gas prices in particular.” He said some workers in the unit regularly lose health insurance during tourism offseason due to a loss of work hours and argued that staffing levels at the hotel haven

The Guardian WorldJun 9
Business

Squeals of horror over price caps – but how are we going to fix our broken food system?

gas. As a result, rising global fertiliser prices and energy costs are already provoking a “[cost of farming crisis](https://www.fwi.co.uk/business/markets-and-trends/input-prices/cost-of-farming-crisis-is-emerging-farmers-warned)”, while the climate crisis is beginning to make its presence felt. [Britain

The Guardian WorldMay 24
Business

US-Iran war to pull global economy to post-COVID low: World Bank

gas transit – in response to the hostilities launched by the US and Israel has put huge stress upon global energy and other supply chains. The World Bank estimates that Brent crude prices — the international

Al Jazeera EnglishJun 11
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
World

Amid the fertiliser crisis, Africa has a chemical-free option: Agroecology

prices for communities from Manila to Quito. And now food production is at risk, with upwards of 20 percent of global fertiliser exports unable to move through the Straight of Hormuz and shipments of natural

Al Jazeera EnglishMay 16
Conflicts

US and Iran trade fire after Trump threatens Tehran over stalled talks | First Thing

gas pump price in Georgia. Photograph: Ravi Nessman/AP Asked by a reporter at the White House on Wednesday whether he was concerned about the latest inflation figures, Donald Trump replied: “No, I love

The Guardian WorldJun 11
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
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