149 resultsfor “cost of US blockade on Iran”
US President Donald Trump met Lebanese and Israeli envoys at a new round of peace talks Thursday, with Beirut seeking a one-month extension of a shaky ceasefire set to expire. **BRENDAN SMIALOWSKI/AFP via Getty
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, developing countries are among the least prepared to mitigate
blockade. Meanwhile, Iran has published a map showing parts of the strait that it said had been mined, and an alternative route for approved ships earlier this month. This route brings ships much closer
costs have risen in recent weeks, supply has not yet been severely affected as markets have continued to receive oil that was already in transit when the strait of Hormuz was closed. Meanwhile, [Donald Trump
costs**, and Airports Council International Europe, a group representing airport operators, has warned of a [potential "systemic jet fuel shortage"](http://npr.org/2026/04/16/nx-s1-5785258/jet-fuel-airline-cost-iran-war-oil) if traffic through the Strait doesn't normalize by month
blockade is lifted.  Security personnel stand guard
Iran peace talks. **Aamir Qureshi/AFP via Getty Images** Aamir Qureshi/AFP via Getty Images - 🎧 **The extension of the ceasefire is not surprising because, despite his significant threats**, Trump's actions have made it clear that
costs. Fresh disputes between Washington and NATO over the Middle East conflictare pushing European leaders to seriously consider a future in which the U.S. no longer leads the alliance. [![Defense Secretary Pete Hegseth testifies about
costs for Australia’s Qantas by up to A$800m (****$570m) in the second half of this year**, the airline said on Tuesday. War in the Middle East has led jet fuel prices to more