US faces rising costs with Iran war driving energy prices, inflation higher
Consumer prices spike in April, driven by soaring energy costs, with petrol prices up nearly 30 percent since last year.
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Prices surge, jobs disappear as war strains Iran’s economy
New Supreme Leader Mojtaba Khamenei says the country must defeat its enemies in an economic and cultural struggle, as we
EDITOR'S ANALYSIS
US likely to benefit as UAE shifts oil strategy away from OPEC, experts say
UAE wants to supply more oil than its OPEC quota and that could help push down prices once the Strait of Hormuz opens.
Rallies under way as workers gather for International Labour Day
Labour Day marches are being held as Iran war and rising energy prices threaten the global economy.
From: This is America
War on Iran flips Trump’s economy from asset to political liability
Al Jazeera asks if Iran war price hikes are turning Trump’s economic strength into a midterm liability.
Published On 29 Apr 2026
Life in limbo: How Iranians navigate a state of ‘no war, no peace’
Tehran’s residents are living through a fragile truce and deep economic uncertainty.
EDITOR'S ANALYSIS
As US-Iran talks remain ‘stalled’, experts warn of ‘long-term disruptions’
With the two sides locked in a standoff, oil prices have continued to soar.
Trump government extends Jones Act waiver by 90 days to dampen oil prices
Move is part of a broader US push to curb politically sensitive fuel price spikes before November’s midterm elections.
Gold is unaffordable, so South Asian brides turn to one-gram substitutes
Families choose imitation jewellery and gold-plated ornaments as record prices push pure gold out of reach.
As Iran crisis drags on, fears of global food catastrophe grow
While global food prices have risen modestly so far, the full impact of the conflict has yet to be felt, analysts say.
Shipping firms seek clarifications before crossing Hormuz
Shipping companies said several things had to be clarified, including the presence of mines, Iranian conditions.
