High fuel prices spur interest in EVs
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High fuel prices, driven by the war in Iran, are increasing consumer interest in electric vehicles.
How This Affects You
Rising fuel prices, influenced by the war in Iran, may make electric vehicles a more financially attractive option for your transportation needs.
AI Summary
High fuel prices, driven by the war in Iran, are spurring consumer interest in electric vehicles. Many drivers at the New York Auto Show are considering purchasing EVs as a way to save money on petrol, according to correspondent Jessica Le Masurier. This shift in consumer sentiment comes as the fragile Iran ceasefire enters its second day. The broader economic context also includes the OECD decrying a "historic decline" in international development aid, largely driven by the US.
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Monitoring climate change developments, extreme weather events, environmental policy shifts, energy transition progress, and the scientific, economic, and political dimensions of the environmental crisis.
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Tracking the evolving military and diplomatic situation across the Middle East, including US-Iran tensions, Israeli operations, proxy conflicts, and the broader geopolitical implications for the region.
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FinanceJPMorgan's Dimon warns Iran war may drive inflation and interest rates higher - Reuters
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CorporateSouthwest Airlines, once known for its free bags perk, hikes fees amid higher jet fuel costs - AP News
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FinanceTravelers face higher costs and fewer flight options as jet fuel prices have bumpy ride
A new reality is setting in for travelers worldwide: rising fees, fewer flight options and difficult decisions about whether a trip is worth the cost.
GlobalTrack current petrol and diesel prices, service station outages and shipments – Australia's fuel crisis in charts
<p>How much fuel does Australia have left today, and when could we run out? Check how much petrol and diesel prices have risen near you in Sydney, Melbourne and across the country since the US and Israel’s war on Iran began in late February</p><ul><li><p>Get our <a href="https://www.theguardian.com/email-newsletters?CMP=cvau_sfl">breaking news email</a>, <a href="https://app.adjust.com/w4u7jx3">free app</a> or <a href="https://www.theguardian.com/australia-news/series/full-story?CMP=cvau_sfl">daily news podcast</a></p></li></ul><p>Hundreds of service stations across Australia have run empty, fuel prices are elevated and oil shipments have been cancelled.</p><p>Australia is battling a fuel crisis as Iran’s closure of the strait of Hormuz continues to bite. The federal government has <a href="https://www.theguardian.com/australia-news/2026/mar/13/australia-to-release-nearly-20-of-fuel-stockpile-as-bowen-insists-country-nowhere-near-running-out">released</a> fuel reserves, cut fuel exc...
CorporateDelta hikes bag check fee by up to $50 as jet fuel prices soar
Delta is the third major U.S. carrier to hike its bag fees, as airlines face surging jet fuel costs and other headwinds from the Iran war.
CorporateTwo major airlines cut flights and hike fares as fuel prices surge
Airlines have reduced services and lifted ticket costs as the Iran war weighs on jet fuel costs.
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