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29 resultsfor “impact of Iran war on oil prices and supply”

Business

Lufthansa cuts 20,000 flights as Iran war causes jet fuel shortage

oil supplies remained halted, despite the temporary ceasefire between Iran and the US. The European Union’s top energy official is also warning that the energy crisis sparked by the war could impact prices

Al Jazeera EnglishApr 23
World

Why and how is US blockading Iranian ports in Strait of Hormuz?

prices yet again - The ceasefire collapses, full-scale war breaks out again between the US and Iran, also impacting places like Dubai, Bahrain, Kuwait and Saudi Arabia The US Navy Commander's handbook on naval

BBC NewsApr 14
Politics

'Bit of pain' worth long-term security from Iran, Bessent tells BBC

supply would be as big as the fallout from [the 1970s oil crisis](https://www.bbc.co.uk/news/articles/c78lj4976lvo), when Arab oil producers placed an embargo on the US and other countries which backed Israel during

BBC NewsApr 14
Business

EasyJet warns profits will suffer as Iran war hits bookings and fuel prices

impact of the Iran war on bookings and oil prices will hit its profits, having driven up fuel costs by £25m in the last month alone. It said it expected to report an increased

The Guardian WorldApr 16
Politics

World reacts to Strait of Hormuz reopening amid US-Iran conflict

Oil prices plunged after Iran’s announcement that passage for commercial vessels would remain “completely open” for the duration of a 10-day ceasefire in Lebanon. “This news is having an immediate impact on markets

Al Jazeera EnglishApr 17
Politics

UK steps up plans for potential shortages caused by Iran war

supply chain. The closure of the Strait of Hormuz, a key shipping channel through which 20% of the world's oil and liquid natural gas usually passes, has sent oil prices soaring since the conflict

BBC News3h ago
Business

Albanese says no fuel restrictions in wake of massive Geelong refinery fire

oil each day. Last month the company said it was able to maintain supplies despite the war in Iran. The company said there was no “immediate impact” to fuel supply from the fire

The Guardian WorldApr 17
Business

UK inflation rate rises to 3.3% in March after Iran war pushes up fuel prices

impact of the Middle East conflict on the cost of living in the UK. Inflation is now expected to be higher this year due to the war and higher energy costs could also slow down

BBC NewsApr 22
Politics

What people in power think the impact of the Iran war will be

impact on economically poorer countries. Iraq is not shipping or producing oil, which is normally responsible for 85% of revenues. Bangladesh, with significant household needs for gas for cooking, is cut off from Middle East

BBC NewsApr 18
Business

More big energy users to get help as support plan expanded

impact on domestic bills. The start of the war in Iran pushed oil and gas prices sharply higher, though they did not reach the same levels as during the aftermath of Russia's invasion

BBC NewsApr 15
Politics

Democrats urged to link clean energy to affordability as Iran war hikes up prices

impacts, has been stymied by Trump, who has implemented a “drill, baby drill” approach to oil and gas extraction and has taken extraordinary measures, [even amid the Iran crisis](https://www.theguardian.com/us-news/2026/mar/23/trump-administration-wind-project-plan), to halt domestic

The Guardian WorldApr 20
Business

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

war on Iran. [Sign up for the Breaking News Australia email](https://www.theguardian.com/email-newsletters?CMP=copyembed&CMP=emailbutton) One litre of Coles brand fresh milk has risen from $1.65 to $1.85, with two litres up from

The Guardian WorldApr 22
Business

Airlines in Europe slash thousands of flights as Iran war cuts jet fuel supplies

impact of the war in Iran ripples across the aviation industry. [![A worker fuels a Delta Airlines plane at Salt Lake City International Airport on April 09, 2026. As fuel prices continue to rise amid

NPR Topics: NewsApr 23
Business

Wall Street seems to have decided the recession risk is over. Can the Australian market do the same?

Iran war shut the strait of Hormuz. The International Energy Agency has called the choking off of a fifth of the world’s oil and gas supply as the “greatest global energy security threat

The Guardian WorldApr 16
World

Europe has only six weeks’ supply of jet fuel left due to Iran war, says energy chief

oil futures prices, a global benchmark, remain more than 30% higher than they were before the war. The rapid increase in petrol prices has put pressure on the US president, Donald Trump. However, there have

The Guardian WorldApr 16
Business

Iran war forces job losses, reverse migration in India’s ceramic hub

war continues, with the US on Sunday capturing an Iranian cargo vessel, even as Washington says it is willing to hold another round of talks with Tehran in Pakistan to reach a deal. Tehran

Al Jazeera EnglishApr 21
Business

Tui cuts profit forecast as effects of Iran war cost travel group €40m

Iran war has cost the travel company Tui €40m (£34.7m) so far, including repatriating almost 12,000 holidaymakers and staff, and forced it to cut its profit forecast for this year. Europe’s biggest

The Guardian WorldApr 22
Business

Quarter of a million people could lose job by middle of 2027 as UK ‘flirts with recession’, analysis says

oil depot last month](https://i.guim.co.uk/img/media/b15a71bc0546c06492cd5adcc1a1f188e7e45e89/139_0_2805_2244/master/2805.jpg?width=445&dpr=1&s=none&crop=none) The EY Item Club says the Iran war will cause the biggest economic hit since the pandemic. Photograph: Sasan/Middle East Images/AFP/Getty Images Matt Swannell, the forecast group

The Guardian WorldApr 20
World

From night life in Egypt to rice farming in Vietnam, the war in Iran is a drain

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

NPR Topics: NewsYesterday
Business

Bank of England boss tells BBC he won't rush interest rate rises

oil and gas prices would certainly feed through to prices. But other factors made a decision on rates "very, very difficult", he said ahead of the next decision on 30 April. The [IMF warned

BBC NewsApr 15
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