238 resultsfor “Why are gas prices increasing now”
gas (LNG) supplies are shipped during peacetime, causing oil prices to soar. Later, [Iran began charging tolls](/news/2026/3/26/tehranstollbooth-how-iran-picks-who-to-let-through-strait-of-hormuz) for passage through – a move until now unheard of for a strait. Despite a fragile ceasefire, Washington
gas exports. ## Teapots under pressure China’s “[teapot” refineries](/news/2026/4/3/how-chinas-teapot-refineries-are-cushioning-it-from-iran-war-oil-crisis) are small, privately owned refineries, mostly based in Shandong province and nicknamed for their teapot-like shape. They play a key role in beefing
increase pressure on the country’s economy, and as a counter to Iran’s near-total closure of the strait of Hormuz to ships using other Gulf ports soon after the US-Israeli attack began
gas prices and uncertainty surrounding the war’s objectives. ## In Lebanon - **Israel pounds Lebanon:** Lebanon on Tuesday urged the US ambassador to Beirut to pressure Israel to halt its attacks, after it pounded the country
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
prices have some Americans [thinking about buying an electric vehicle](https://www.npr.org/2026/04/07/nx-s1-5775907/high-gas-prices-save-money-iran-war#:~:text=Data%20suggests%20that,for%20EV%20listings.). It's a big financial decision, especially since Republicans [ended federal subsidies](https://www.npr.org/2025/09/30/nx-s1-5557153/ev-tax-credit-sales-spike) last year worth
increasingly reliant on control of the Strait of Hormuz for vital leverage in its ongoing war with the US and Israel, formally only on pause under the ceasefire. And that leverage is not something Iran
price for the US military,” Iranian media reported, citing the IRGC. ## What is the state of diplomacy? Secretary of State Marco Rubio told lawmakers on Tuesday that the US would agree to sanctions relief only
gas (LNG) supplies are shipped during peacetime, global energy markets were rattled and oil prices surged. Mekelberg said Washington had appeared unprepared for a scenario many analysts had long warned was inevitable. “The United States
increasing again. “There’s a fundamental shortfall that will exist globally, or fundamental struggle to meet that demand that will drive up price,” Rob Smith, director of global fuel retail at S&P Global Energy
gas licences. We are now importing from Russia instead of drilling in the North Sea. Insane.” The Treasury minister Dan Tomlinson told Sky News hat the government needed to make sure it was “protecting
gas and fuels from the Gulf. Ed Miliband, the energy secretary, said the “overwhelming lesson of this crisis is we need to go faster” on the government’s plans to reduce the UK’s reliance
increasingly strident opposition to transgender rights has drawn disproportionate media attention. So have incidents like a confrontation with staff at the Charleston airport last year, which drew condemnation from both US senators Lindsey Graham
increase again. The RAC said it expected unleaded petrol to rise to at least 160p a litre in the coming weeks unless there was a "dramatic and sustained drop" in the price
gas prices soaring, will cause the biggest economic hit since the Covid pandemic, according to the EY Item Club, an economic forecast group. A separate report by Deloitte found finance bosses at big UK businesses
increase will happen in July to address “multiyear inflationary cost pressures”. The company had absorbed the higher costs, choosing not to pass them on to customers, but that must change after the company posted
gas used to produce fertilisers and released from livestock manure. Industrial intensive animal farming increases the environmental and health burdens associated with ammonia, CiWF says in a [report](https://www.ciwf.org/media/31tfurjm/the-ammonia-pollution-problem-april-2026.pdf) published on Thursday alongside
gas prices in the US, the pressure will continue to build,” she said. Echoing Shortis, academic Rob Geist Pinfold said diplomacy has not failed but for the time being is coming up against “intractable divides
gas prices, with Qatari Emir Sheikh Tamim bin Hamad Al Thani.  Saudi Crown Prince Mohammed
prices to punishing levels”. The analysts were largely right. Increasingly exasperated White House briefers turned to the role Benjamin Netanyahu had played in persuading Trump to attack Iran. In a recent 60 Minutes interview