55 resultsfor “increase in gas prices since Iran war”
price of medicines increased? Since the early days of the war, Iran has blocked the Strait of Hormuz, through which 20 percent of the world’s oil and liquefied natural gas
increased cost in gas and food over the next year because of Iran?” Khanna asked. As the US continues with its blockade of Iranian ports, and Tehran controls the Strait of Hormuz, gas prices
increase is devastating’: US readers on toll of rising gas prices With the US and Israel’s war on Iran now in its seventh week, with a [fragile ceasefire](https://www.theguardian.com/world/2026/apr/08/middle-east-ceasefire-doubt-israel-lebanon-iran-oil-tankers) in place since
Gas prices are the highest they’ve been in four years, since late July 2022.” California, home to nearly 40 million people, saw petrol prices hit more than $6 per gallon on Thursday. The spike
gas supplies are normally shipped. The price of jet fuel has more than doubled in certain markets since the US-Israeli war on Iran began in late February. European aviation companies are particularly affected
war in Iran, which is now entering its eighth week, has killed thousands and rocked the global energy market. Normally about one-fifth of the world’s oil and gas passes through the strait
gas price increases, fertiliser shortages and stock market volatility – the effects have been felt faster than in most previous conflicts. Why? There are few clear answers — but analysts say several factors might help explain
Iran can’t get their act together. They don’t know how to sign a nonnuclear deal. They better get smart soon!” The surge in oil prices have compounded the typical price increases seen this
gas. We're still exposed to energy price shocks," says the party leader, Alex Cole-Hamilton. The Scottish Green Party wants to see far greater urgency. "We know that it's a declining basin
Iran's closing of the crucial waterway. Oil prices have surged by about 40% since the war began, according to NPR's Aya Batrawy. Ellen Wald, a senior fellow at the Atlantic Council's Global
since fallen back, although it remains above pre-war levels, and [on Tuesday, a barrel of crude cost $95](https://www.bbc.co.uk/news/articles/cjr9qrnp821o). Moreover, the IMF pointed out that the risk of recession would increase only
increasingly questioned the war and its high price tag, also did not vote on Thursday. The House defeat came a day after a similar resolution [failed](/news/2026/4/15/us-senate-rejects-another-war-powers-resolution-to-limit-trump-on-iran) in the US Senate, by a vote
since the Iran war began seven weeks ago. Under the electricity generator levy, the generators currently face a 45% tax rate on electricity sold at market prices above £75 a megawatt hour. The levy
gas prices soaring, will cause the biggest economic hit since the Covid pandemic, according to the EY Item Club, an economic forecast group. A separate report by Deloitte found finance bosses at big UK businesses
since then due to radioactive exposure that triggered lethal diseases, including cancer. The frequency of birth defects increased between 200 and 250 percent in affected areas. Hundreds of thousands of people were forced to abandon
Iran, Naomi did not think twice about filling up the family van for her young daughter's regular hospital trips. But not any more. Fuel prices have surged since the war began, driving
increase in the SALT, or state and local tax, deduction cap raised by the One Big Beautiful Bill Act. Filers can now deduct up to $40,000 for property, sales and income taxes paid
war. That policy came alongside a co-ordinated cut to oil production. Oil prices more than doubled, there was fuel rationing, and the significant knock-on effects were compounded by a second oil shock
price Marwa Jadoon, 40, from Oklahoma, whose name has been changed to keep her identity concealed, says her out-of-pocket expenses have increased by more than 35 percent over the past couple of months
gas, chemicals and fertiliser remain largely stranded by Iran’s shutdown of the strait and the subsequent US naval blockade of Iranian ports. In the worst-case scenario of a prolonged war, the IMF said