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298 resultsfor “Why are oil prices rising now”

World

Lebanon’s economy struggles under renewed war and global fuel crisis

Prices are rising as a result of supply issues – particularly of oil from the Gulf

Al Jazeera EnglishMay 22
Business

UK borrowing costs rise as Starmer speech fails to dispel investor ‘jitters’

rising inflation from higher energy prices and this is being priced into the yield. Oil

The Guardian WorldMay 11
Business

Indonesia’s rupiah falls to record low against US dollar

prices and a narrowing trade surplus. Indonesia is a net oil importer and is particularly affected by the rising

Al Jazeera EnglishJun 4
Business

US inflation jumped to 4.2% in May, the third consecutive increase since start of Iran war

oil prices. Prices have increased sharply over the past several months, rising 3.3% in March

The Guardian WorldJun 10
Business

Barclays cuts back risky lending after £228m hit from UK mortgage firm MFS

rise in energy prices if the war dragged on. “Higher oil prices and the longer

The Guardian WorldApr 28
Politics

US-Iran ceasefire holds despite Hormuz standoff: Pentagon chief Hegseth

price of oil has been skyrocketing since the start of the war. In the US, rising

Al Jazeera EnglishMay 5
Politics

Iran war effect: Why is Modi asking Indians to avoid foreign trips, gold?

oil and gas supplies. With rising fuel costs, airlines have [hiked ticket prices](/economy/2026/5/6/airlines-hike-fares-cut-millions-of-seats-as-iran-war-drives-up-fuel-costs). According

Al Jazeera EnglishMay 11
Business

Oil rises above $106 per barrel as US, Iran deadlocked in Strait of Hormuz

rises above $106 per barrel as US, Iran deadlocked in Strait of Hormuz Oil prices

Al Jazeera EnglishApr 24
Politics

The three clocks of the Iran war

oil jumped past $90 per barrel, up from $67 the day before the war broke out. Inflation climbed at an annual rate of 3.3 percent in March, with gasoline prices rising

Al Jazeera EnglishApr 17
Business

Coles adds 20c to the price of milk as war in the Middle East pushes up Australian grocery costs

prices are one of the first direct impacts on household grocery bills from the oil crisis, as businesses struggle to manage rising

The Guardian WorldApr 22
Business

Rising prices are Britons’ biggest money worry as inflation stays high, survey finds

oil prices remain high and push up inflation. The Bank has warned that typical energy bills are likely to rise

The Guardian WorldMay 18
Politics

Iran war: Why the BRICS foreign ministers meeting in India matters

oil that moves through the strait, they are impacted by rapidly rising fuel prices. “It is unlikely

Al Jazeera EnglishMay 14
Business

Gas prices went up more than 30 cents a gallon last week. How high could they go?

oil out of the ground or out of the strait, you should expect prices to keep rising

NPR Topics: NewsMay 3
Business

Gasoline could drop below $4 in coming days

oil infrastructure in the Middle East, made crude prices highly volatile and pushed gasoline prices up by a dollar per gallon on average. By Labor Day, De Haan predicts, about half of that price hike

NPR Topics: NewsApr 17
Business

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

rise on Thursday to $119.94 per barrel as of 00:57 GMT, and US West Texas Intermediate futures were at $107.51, Reuters said. Oil prices

Al Jazeera EnglishApr 30
Politics

US waiting on a response from Iran over proposals for ceasefire deal, says Rubio

oil and fossil gas. Its closure in the first days of the war has already forced a steep rise in fuel prices

The Guardian WorldMay 8
Business

EasyJet boss says 'don't panic' over summer jet fuel supplies

oil in third countries [have been watered down amid concerns over supplies and price rises

BBC NewsMay 21
Business

Chippy boss installing self-service tills as 'abrupt' customers query prices

oil is going up, the price of fuel," he said, adding that he feared potato costs could also rise

BBC NewsMay 13
Politics

Trump government extends Jones Act waiver by 90 days to dampen oil prices

prices United States President Donald Trump granted a 90-day extension to a shipping waiver that makes it easier to move oil, fuel and fertiliser around the US, the White House has said, the latest

Al Jazeera EnglishApr 24
Business

Asian stocks fall as US and Iran exchange fire – business live

oil prices have actually fallen a bit this morning, with Brent crude – the international benchmark – down 0.2% to $91.28 a barrel. **Jim Reid** at **Deutsche Bank** suggests that while investors are preoccupied with the conflict

The Guardian WorldJun 10
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