White House close to deal of up to $500m to rescue ailing Spirit Airlines

Rising costs have continued to plague the company, now facing soaring fuel costs due to the war with Iran

The White House is finalizing a financing package to help ailing US budget carrier Spirit Airlines, which could receive as much as $500m in loans as rising costs continue to plague the company.

News of the potential deal comes as Spirit and others struggle with soaring fuel costs due to the war with Iran.

Continue reading...

Climate groups sue US government over approval of new BP project in Gulf of Mexico

Advocates expressed alarm as new project drills deeper into ocean bed, pointing to company’s failures at Deepwater Horizon spill


Environmental groups have sued the Trump administration over its approval of BP’s huge new ultra-deep oil drilling project in the Gulf of Mexico, 16 years to the day since the company’s Deepwater Horizon disaster caused the worst oil spill in US history.

Continue reading...

Trump energy secretary says gas prices might not drop back under $3 a gallon until 2027

Chris Wright says ‘I don’t know’ when asked about lower cost of gas as average price soars to $4 a gallon in US

Chris Wright, the Trump administration’s energy secretary, acknowledged Sunday that it might not be until 2027 before US gas prices come back under $3 a gallon.

Asked by Jake Tapper, the CNN State of the Union host, when he thought “it’s realistic for Americans to expect the gas will go back to under $3 a gallon”, Wright replied: “I don’t know. That could happen later this year. That might not happen until next year.”

Continue reading...

Australia fuel watch tracker: check current petrol and diesel prices, service station outages and shipments – in charts

How much fuel does Australia have left today, and when could we run out? Track how much petrol and diesel prices have risen near you in Sydney, Melbourne and across the country.

The federal government has released fuel reserves, cut fuel excise taxes and rolled out a national fuel security plan as Australia battles a fuel crisis.

While we know there have been outages and price increases, it can be difficult to get a full picture of what is happening – this is partly due to the thousands of independent businesses and different governments involved. We have brought together the latest data on prices, outages and oil tanker deliveries.

Continue reading...

US starts naval blockade of Iranian ports after deadline passes

Iran warns Americans they face higher pump prices due to prohibition imposed on Monday evening

The US blockade of ships using Iranian ports in the Gulf has come into effect, turning the six-week-old conflict between the US-Israeli coalition and Iran into a test of economic endurance.

US Central Command (Centcom) made no formal announcement of the start of the blockade but had said it begin on Monday at 5.30pm Iranian time and would apply to any ships entering or departing Iranian ports or coastal areas, while ships using non-Iranian ports would not be impeded.

Continue reading...

Irish police clear Dublin blockade staged by fuel price protesters

Hundreds of officers deployed to regain control of O’Connell Street on sixth day of protests by farmers and hauliers

Police have cleared a blockade of central Dublin by farmers and hauliers who were protesting about fuel prices, signalling a possible end to six days of protests that have rocked Ireland.

Mounted units and hundreds of officers regained control of O’Connell Street in a peaceful operation that emptied the thoroughfare of trucks and tractors on Sunday morning.

Continue reading...

Collapse of US-Iran talks heightens fears of prolonged energy shock

Oil prices and borrowing costs are expected to rise this week as tankers remain stranded in the Gulf

The failure of the US and Iran to reach a peace deal after marathon negotiations has put markets on alert for further oil and gas price rises.

With large numbers of oil tankers remaining stuck in the Gulf, the US vice-president, JD Vance, blamed the collapse of the talks on Tehran’s refusal to abandon its nuclear weapons programme, while Iranian sources hit back at “excessive” demands from Washington.

Continue reading...

Record number of homes in Great Britain turn to green energy as fuel prices soar

Iran war drives demand for solar panels, heat pumps and EVs, with energy bills expected to rise 18% from July

British households are turning to green home energy upgrades in record numbers to try to keep bills down as the Iran crisis sends global oil and gas prices soaring, data from leading energy suppliers suggests.

Figures show demand for solar panels, electric vehicles and heat pumps in Great Britain has leapt since the war began on 28 February, as households brace for a sharp increase in monthly payments when the next energy price cap takes effect in the summer.

Continue reading...

Starmer implies he didn’t tell Trump he was ‘fed up’ about his impact on rising UK energy bills – as it happened

Prime minister says conversation with US president on Thursday night focused on need for ‘practical plan’ to open strait of Hormuz

Tony Blair, the former Labour prime minister, has joined those saying the government should allow drilling for oil and gas in the Rosebank and Jackdaw fields in the North Sea.

Both applications were approved by the last Conservative government, but then overturned by a court ruling. Ed Miliband, the energy secretary, has to make a decision about the revised applications operating in a quasi-judicial capacity, which means he has to follow due process and can’t take the decision purely on political ground.

The current debate [on energy policy] is deadlocked between two incomplete responses. The government argues the answer is to accelerate Clean Power 2030, focusing on decarbonising the electricity system as quickly as possible. The opposition argues that the answer is to expand domestic oil and gas production. Both positions contain elements of truth, but neither addresses the core strategic problem: outside the power sector the UK economy remains overwhelmingly dependent on fossil fuels, and electricity is still too expensive to support mass electrification.

The UK is caught in a self-reinforcing high-cost, low-electrification trap. High electricity costs suppress demand, slowing the uptake of electric vehicles, heat pumps and industrial electrification. Weak demand growth, in turn, means that the fixed costs of the system – from networks to long-term contracts – are spread across a smaller base, keeping prices high. The result is a system that is too expensive to electrify and therefore remains dependent on fossil fuels and exposed to global shocks …

The first of these vital measures will ban anyone from possessing or publishing harmful pornography that shows incest between family members, and sex between step or foster relations where one person is pretending to be under 18.

A further amendment will criminalise the publication and possession of pornography where an adult is roleplaying as a child.

This government is uncompromising in our mission to protect women and girls online, and we have taken action to stop tech firms from publishing this abusive content.

In February, we told platforms that they must remove reported non-consensual intimate images within 48 hours.

I greatly welcome the government’s plans to fully address harmful pornographic content such as incest, step-incest and the mimicking of child sexual abuse. This content that is freely and widely available online is deeply harmful, normalising child sexual abuse and abusive relationships within families …

Today the government has answered our calls for change, and I am delighted that once again the UK is leading the way on regulating this high harm industry.

Continue reading...

Cutting fuel to Australia ‘won’t happen’, says Singapore PM, as Albanese secures pledge from our largest petrol source

Australia and Singapore will ‘make maximum efforts to meet each other’s energy security needs’ in refined fuels and LNG, according to new agreement

Australia’s largest petrol source has pledged not to cut supplies, with Singapore’s prime minister telling Anthony Albanese that fuel will keep flowing despite the international crisis.

Albanese’s whistle-stop visit with his Singaporean counterpart, Lawrence Wong, culminated in a new agreement that the two countries would keep sending one another fuel and liquefied natural gas, amid the “acute energy crisis” caused by the war in the Middle East. Australia and Singapore will also add a legally binding addendum to their free trade agreement on essential supplies like energy.

Continue reading...

Australia fuel watch tracker: check current petrol and diesel prices, service station outages and shipments – in charts

How much fuel does Australia have left today, and when could we run out? Track how much petrol and diesel prices have risen near you in Sydney, Melbourne and across the country.

Hundreds of service stations across Australia have run empty, fuel prices are elevated and oil shipments have been cancelled.

Australia is battling a fuel crisis as Iran’s closure of the strait of Hormuz continues to bite. The federal government has released fuel reserves, cut fuel excise taxes and rolled out a national fuel security plan.

Continue reading...

Track current petrol and diesel prices, service station outages and shipments – Australia’s fuel crisis in charts

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

Hundreds of service stations across Australia have run empty, fuel prices are elevated and oil shipments have been cancelled.

Australia is battling a fuel crisis as Iran’s closure of the strait of Hormuz continues to bite. The federal government has released fuel reserves, cut fuel excise taxes and rolled out a national fuel security plan.

Continue reading...

Strait of Hormuz not open, Abu Dhabi’s oil chief says as crude prices rise

Uncertainty over US-Iran ceasefire pushes price of Brent crude towards $100 a barrel

The boss of Abu Dhabi’s state-owned oil company has said the strait of Hormuz is “not open” despite the US-Iran ceasefire agreed earlier this week, as uncertainty over the truce pushed the price of Brent crude towards $100 a barrel on Thursday.

Sultan Al Jaber, the chief executive officer of the Abu Dhabi National Oil Company (Adnoc), said passage through the crucial waterway was subject to “permission, conditions and political leverage” by Iran. He said energy security and global economic stability depended on the strait being opened “fully, unconditionally and without restriction”.

Continue reading...

New Zealand asks US to send fuel tankers to Pacific to alleviate pressure caused by Iran war

After meeting with Marco Rubio, foreign minister Winston Peters says he made sure US understands ‘significant economic impacts on New Zealand and Pacific’

New Zealand has called on the US to send fuel tankers to the Pacific to help alleviate some of the significant economic and fuel pressure caused by the war in the Middle East.

Winston Peters, New Zealand’s foreign minister, met the US secretary of state, Marco Rubio, in Washington on Tuesday, where they discussed bilateral relations, the war in Iran and the Pacific.

Continue reading...

Track current petrol and diesel prices, service station outages and shipments – Australia’s fuel crisis in charts

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

Hundreds of service stations across Australia have run empty, fuel prices are elevated and oil shipments have been cancelled.

Australia is battling a fuel crisis as Iran’s closure of the strait of Hormuz continues to bite. The federal government has released fuel reserves, cut fuel excise taxes and rolled out a national fuel security plan.

Continue reading...

Iran strikes Kuwait’s oil infrastructure before Opec+ supply talks

Members reportedly agree a rise of 206,000 barrels a day in May, but move symbolic while strait of Hormuz is effectively closed

Iranian drones have struck Kuwait’s oil infrastructure, causing “severe material damage” that threatens to further disrupt oil supplies already hit by the US-Israel war on Iran.

The drone strikes on Sunday came hours before members of the Opec+ group of major global oil suppliers gathered to discuss how to bolster output despite Iran’s effective closure of the strait of Hormuz shipping route.

Continue reading...

Ukraine war briefing: Russian army records almost no territorial gains for first time since 2023, analysis shows

Russian advances slowing, thinktank’s data shows; 14 killed in Ukraine in massive drone and missile salvo. What we know on day 1,501

Russia’s army recorded almost no territorial gains on the frontline in Ukraine in March for the first time in two-and-a-half years, according to analysis of data from the Institute for the Study of War (ISW) conducted by Agence France-Presse. The Russian army has been slowing in its advances since late 2025 – because of Kyiv’s localised breakthroughs in the south-east of the country. Across the entire frontline, the Russian army seized only 23 sq km (8.9 sq miles) in March, losing territory in some areas, according to the analysis. This figure excludes infiltration operations conducted by Russian forces beyond the frontline, as well as advances claimed by the Russian side but neither confirmed nor denied by the ISW.

The Russian army made 319 sq km of gains in January and 123 sq km in February, which was then the smallest advance since April 2024. Its advance in March was the smallest since September 2023. The ISW attributed the slowdown to Ukrainian counteroffensives, but also to “Russia’s ban on using Starlink terminals in Ukraine” and “the Kremlin’s efforts to restrict access to Telegram”. The messaging app – very popular among Russians, including those fighting on the front – has been barely usable in recent months due to blocks imposed by the authorities. As in February, Russia lost ground on the southern section of the frontline, between the Donetsk and Dnipropetrovsk regions.

Russian strikes killed 14 people in Ukraine on Friday, officials said, as Moscow launched the latest in an increasing number of daytime barrages. Moscow has been firing aerial broadsides at Ukraine throughout its more than four-year invasion, mostly at night, but in recent weeks has stepped up daytime attacks. The Russian military used more than 500 drones and dozens of missiles in its salvo on Friday, according to the Ukrainian air force.

Russia’s Baltic oil export hubs at Ust-Luga and Primorsk remain unable to handle shipments after a series of Ukrainian drone attacks, prompting the country’s refineries to find alternative routes for export, industry sources said on Friday. The attacks have damaged port infrastructure and continued through the last two weeks of March, with at least five strikes on Ust-Luga in the space of 10 days. Sources said the export restrictions, along with disruptions at large refineries, could lead to a decrease in oil production in Russia. Traders said refineries had been unable to deliver diesel fuel to Primorsk for export since 22 March, leaving refineries in European Russia and Siberia without their most viable export route. Traders said refineries were having to consider more expensive rail transport routes to other export terminals.

A Ukrainian drone and missile attack on southern Russia killed at least one person, injured four others and sparked a blaze aboard a foreign-flagged vessel, Russian officials said on Saturday.

Zelenskyy has called on lawmakers to pass key legislation next week to avert a funding crisis, help Ukraine fight the war against Russia, and enact key reforms required for EU accession. Due to lagging reforms and slow legislative progress in late 2025 and early this year, Ukraine missed deadlines to unlock billions from its key lenders, economists said. With the need for external financing standing at $52bn this year – equivalent to about a quarter of annual economic output – the budget situation is desperate. “I have a list of key draft laws that are critical for securing funding,” the Ukrainian president said in remarks released on Friday. They range from strengthening the court system to reforming energy sector procedures. “I believe that members of parliament from all parties must understand the importance of these bills for Ukraine’s budget,” said Zelenskyy, who has a majority in parliament but its relations with his government have soured.

Continue reading...

Oil price jumps and markets slide after Trump warning to Iran

Brent crude rises 8% as US president vows to hit Iran ‘extremely hard’ over coming weeks

Oil prices have soared after Donald Trump vowed in a televised speech to hit Iran “extremely hard” over the coming weeks, knocking hopes of a near-term end to the conflict in the Middle East.

Brent crude prices jumped by as much as 8% on Thursday to $109.74 a barrel, reversing Wednesday’s drop when hopes of a de-escalation in the Iran war pushed the international benchmark below the $100-a-barrel mark at one point.

Continue reading...

Drivers told to look for cheapest fuel ahead of ‘busiest Easter on UK roads since 2022’

Bank holiday traffic predicted to peak on Thursday, as petrol and diesel prices surge from fallout of Iran war

UK drivers are being urged to look for the cheapest petrol and “to fill up as usual” as travellers prepare to make 21.7m journeys on what is expected to be the busiest Easter on the roads in four years.

The average price of a litre of unleaded petrol rose by 20p in March, from 132.83p on the 1st to 152.83p on the 31st, raising concerns about the cost of filling up for Easter journeys. The higher fuel prices have been triggered by rising oil prices as a result of the US-Israel war against Iran.

Continue reading...

In Europe, lobbyists are using soaring fuel prices to make the case for more dirty energy

The argument for transitioning to renewables seems stronger than ever – and yet, attacks mount on the carbon price scheme that underpins the EU’s success at cutting pollution

Don’t get This Is Europe delivered to your inbox? Sign up here

On the one hand, experts say, Europe is better prepared for this energy crisis than the last. On the other, it is still waging a culture war against the most obvious path out.

Fuel prices have soared to ruinous levels since the Iran war left ships of oil and liquefied natural gas (LNG) stranded in the Gulf. The pain is most acute in Asia, but high energy prices are already causing panic in Europe. Shortages could hit the continent this month, oil company Shell warned last week. Donald Trump’s “go get your own oil” comments on Tuesday sent prices to their highest level since the start of the US-Israel attack on Iran. They briefly dipped below $100-a-barrel on Wednesday amid hopes that the war may soon end.

Continue reading...