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Iran faces a new energy imbalance, but its options are limited

gas subsidies, administered tariffs, state-controlled pricing, and sometimes direct financial support. The negative impacts of the war with Israel and the United States on the economy mean the government has fewer tools

From oil giants to banks - these companies are making billions from Iran war

households across the globe count the costs of the US-Israel war in Iran, some companies have been counting bumper profits instead. The uncertainty sparked by the conflict, and Iran's effective closure

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

gas, fertilizer, food, medicines and more have been severely hampered by the blockade in the Strait of Hormuz, a key waterway for international trade. The impacts go beyond imports. Many households in Africa and Asia

‘A dollar or two increase is devastating’: US readers on toll of rising gas prices

impact has [forced difficult trade-offs](https://www.theguardian.com/world/2026/mar/29/americans-struggling-rising-costs-iran-war) – from accessing essential medicines and groceries to facing the brink of homelessness amid an already [rising cost of living](https://www.theguardian.com/us-news/2026/apr/05/prices-iran-war-gas-flights-economy). For Mandy

$25bn or $1 trillion: How much has Iran war really cost the US?

household – to the US economy due to increased gas and food prices. “You don’t know what we paid in terms of the missiles that hit the Iranian school. You don’t know what

Lower gas and electricity bills behind UK inflation fall to 2.8%

gas and electricity bills were behind a bigger than expected drop in the UK's inflation rate, official figures show. The rate of inflation, which measures price rises over time, fell

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

gas supply as the “greatest global energy security threat in history”. Yet on Wednesday night, Wall Street finished recouping all its earlier losses to reach its previous peak. The contrast is jarring

Reeves arrives at IMF with little leeway to prove its UK downgrade wrong

impact than for others. The [International Monetary Fund’s verdict](https://www.theguardian.com/business/2026/apr/14/iran-war-global-recession-imf-uk-growth-forecasts-oil-prices) is that Britain is the G7’s biggest loser. Amid the rising damage from the Middle East war, the Washington-based fund

Move over wind farms: why some argue cutting costs is the best way to cut carbon

households and businesses have little incentive to make the switch. If it is cheaper, the transition becomes easier - and faster. Tone Langengen, senior policy adviser on climate and energy at the Tony Blair Institute

Rising global costs threaten Mexico’s production costs and food stability

budgets, while vendors cut profit margins or risk losing customers. “You have to buy them anyway; they’re things you use daily,” said Cesar Ramirez, a 66-year-old retiree at the market. While shop

'I don't want the children to see how worried we are': UK family finances hit by Iran war

gas and electricity bills in UK homes. Increased fuel and energy prices are expected to be joined by rising food costs later this year, as the disruption to shipping routes and the flow of fuel

Drive slower, go electric, don't drive at all? The best options for saving gas

household budgets. [](https://www.npr.org/2026/05/05/nx-s1-5812451/how-much-is-the-war-hitting-americans-bottom-line) ### [Consider This from NPR](https://www.npr.org/podcasts/510355/considerthis) ### [How much is the war hitting American's bottom line?](https://www.npr.org/2026/05/05/nx-s1-5812451/how-much-is-the-war-hitting-americans-bottom-line)