17 resultsfor “Global response to rising energy prices from Middle East conflict”
Middle East conflict this week, insisting that as fossil fuel prices soar “the era of clean energy security must come of age”. The energy secretary is set to announce a package of new policies
conflict to push up prices of other products. The blockade of the strait of Hormuz has already sent oil and gas prices soaring, caused a [crisis in the global fertiliser industry](https://www.theguardian.com/world/2026/apr/03/visual-guide-gulf-fertiliser-blockade),
East. Trump's response when asked about redirecting weapons has been: "We do that all the time. Sometimes we take from one, and we use for another." "We would like Middle Eastern states to also
East. Several airlines, including KLM-France and Delta, [have also temporarily cut](https://www.bbc.co.uk/news/articles/c87w4x0n3j0o) some flights while others have [raised ticket prices](https://www.bbc.co.uk/news/articles/crr14qplxe8o) as they pass on expenses to customers. Analysts have
Middle East war. Amid sharp price rises in oil and gas since the US and Israel’s attack on Iran in February, Oslo has also given its approval for oil and gas companies to explore
conflict and unblock the Strait of Hormuz was legitimate and generous. He called for an end to the war across the region and the release of frozen assets abroad in response to the latest
rising costs for medicines and medical products such as syringes, intravenous bags and gloves. Much of modern healthcare is dependent on the petrochemicals now held up by the Gulf shipping standstill – whether for active pharmaceutical
conflict is over," he said. Kristalina Georgieva, IMF managing director told me, the world faced a "slower moving shock" while the World Bank's president Ajay Banga told me about the impact on economically poorer
Middle East conflict might be resolved. AMP’s chief economist, Shane Oliver, says the global economy is “getting closer to crunch time” because the longer the disruption to oil supplies continue, the greater the risk
Middle East war, the Washington-based fund warned UK economic growth rate would be 0.5 percentage points lower this year than it had predicted back in January – the biggest downgrade among the club of wealthy
response to US and Israeli attacks, sending the price rocketing and prompting fears of shortages. IEA executive director Fatih Birol told AP there could soon be flight cancellations if supplies remained blocked. In its monthly
responsibility measure but more because of cost,” Fanner says. The consumer trend is making it difficult for businesses that would ordinarily increase their prices to offset rising costs such as freight and fuel. “The question
Middle East, mainly to Asia and also to Europe. More recently, the US has put in place its own blockade to cut off any ships carrying Iranian oil and eventually force the country to shut
global energy exports passes. “The White House is left with a set of bad options,” said Allison Minor, a former official at the US State Department and National Security Council, and currently a director
response to the US naval blockade beyond its own waters. Divisions in Washington persist, with the US Senate rejecting [a measure to limit the war](/news/2026/4/15/us-senate-rejects-another-war-powers-resolution-to-limit-trump-on-iran) without congressional approval. Here is what we know
Energy is seen on February 10, 2025 in Cameron, Louisiana.](https://npr.brightspotcdn.com/dims3/default/strip/false/crop/2678x2678+626+0/resize/100/quality/85/format/jpeg/?url=http%3A%2F%2Fnpr-brightspot.s3.amazonaws.com%2F41%2Fc6%2F8a31850b41e4945257dab8e6b627%2Fgettyimages-2198779792.jpg)](https://www.npr.org/2026/04/14/nx-s1-5766431/us-iran-trump-lng-supply-strait-of-hormuz-qatar) ### [Climate](https://www.npr.org/sections/climate) ### [The Iran war created a global natural gas shortage — a windfall for U.S. companies](https://www.npr.org/2026/04/14/nx-s1-5766431/us-iran-trump-lng-supply-strait-of-hormuz-qatar)
conflict in the Middle East pushes up oil and gas prices, raising fears that high energy costs could persist. The government insists that focusing on renewables will ultimately deliver greater energy security by reducing reliance