21 resultsfor “impact of Iran peace deal on inflation”
impact of the war in Iran on imported energy costs, and of course the fading drag from from negative carry-over effect from last year, which most people forget. > > While oil and gas futures markets
deal in the Middle East. Photograph: Mandel Ngan/AFP/Getty Images As the week draws to a close, Donald Trump has insisted once again [Iran](https://www.theguardian.com/world/iran) is “pretty close” to signing a peace agreement with
deal appears imminent after another [exchange of fire](/news/2026/5/26/us-military-launches-strikes-on-southern-iran-amid-talks-in-qatar) amid an air of distrust. The US military said it hit missile launch sites and Iranian boats attempting to place mines in Iran’s southern waters
peace deal and the Strait of Hormuz were to reopen, the war would not be over. Wars do not end when the missiles stop flying. They end when the structural damage they inflict
Iran predictably responded to the onslaught from the US and Israel by closing the strait of Hormuz. That price remains well below historic highs, and because it has not surged into the stratosphere
deal tomorrow. As the war with Iran enters its third month, drivers have become [infuriated](https://www.theguardian.com/us-news/2026/mar/13/detroit-michigan-gas-prices) by rising gas prices – [and inflation](https://www.theguardian.com/business/2026/may/12/us-inflation-april-iran-war) – and Donald Trump is facing a historic backlash
impact of the war further strains the ailing and sanctions-hit Iranian economy. But even before the war, rents were already coming off a very high base after [years of unchecked price hikes](/economy/2022/7/26/unprecedented-price-hikes-put-the-squeeze-on-iranian-tenants
deal with the US. Pakistan, which has been mediating talks between Iran and the US, has led a renewed push in recent days to bridge the gap between the two parties. Pakistan’s army chief
peace talks. Later on Monday, Trump said "serious negotiations are now taking place". In a post on Truth Social, he said he had been asked to hold off a military attack on Iran planned
peace or war. The US has been rebuilding its forces over the course of the ceasefire. It now has three aircraft carriers in the region, refuelling tankers filling the air over the Middle East
impacts go beyond imports. Many households in Africa and Asia [depend on remittances](https://www.dw.com/en/iran-war-puts-south-asias-gulf-remittances-at-risk/a-76513989) from relatives who work in the Gulf and send money home, but the war has caused serious economic disruption
peace deal would lead to the reopening of the strait of Hormuz to tankers carrying millions of barrels of oil and gas, the price of Brent crude [tumbled to lows of $83 a barrel
peace talks in Islamabad. (Photo by Getty Images)](https://www.aljazeera.com/wp-content/uploads/2026/04/getty_69e96cf34e-1776905459.jpg?w=770&resize=770%2C513&quality=80) Ships anchored off Bandar Abbas in Iran, April 22, 2026 [Getty Images] ## A strait that’s neither open nor closed The status
impact of the war on the global economy could linger long after any peace deal was agreed. A Pentagon spokesperson described the report as “inaccurate” but did not provide specific objections. In his Truth Social
impact of geopolitics and immigration policies, to security, extreme weather, sustainability and the role of US President Donald Trump, it inspires trepidation as well as excitement. So what will be the principle issues
impact of tariffs – thereby fragmenting opposition against him.  “No Kings” protesters in Washington, DC during nationwide demonstrations against Trump’s policies [Evelyn Hockstein/Reuters
inflation figures reveal the impact of the Iran War on prices in the UK](https://i.guim.co.uk/img/media/85c3fd87fb4e9d094c2d9e63d7cceb330937e325/650_0_5615_4492/master/5615.jpg?width=445&dpr=1&s=none&crop=none) Donald Trump’s war on Iran is having a big impact on prices globally. Photograph: Kirsty Wigglesworth/AP Donald
impact on the US, the international strategic fallout may prove more long lasting. Photograph: Tim Page/Corbis/Getty Images --- Clearly the domestic US consequences of Iran will never match Vietnam. True, the war was unpopular from
peace talks.** > double quotation markPrime minister Muhammad Shehbaz Sharif will depart from Islamabad for Jeddah today on an official visit to Saudi Arabia, accompanied by a high-level delegation.” , a presidential initiative, which would see the stranded