Trump says he will suspend petrol tax amid soaring US fuel prices
Suspending a federal tax requires an act of Congress, and there may be procedural delays before it can be achieved.
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Yemen fuel price hikes deepen hardship as transport costs rise
Rising fuel costs in Yemen force drivers to raise fares, as passengers struggle with worsening financial burdens.
Oil prices jump as US, Iran trade fire in Strait of Hormuz
Brent crude rises amid clashes in critical waterway.
From: NewsFeed
Kenyan villagers sue BP over pollution from 1980s oil exploration
Villagers in Kenya are suing British Petroleum, saying oil exploration by Amoco in the 1980s left toxic pollution.
Published On 7 May 2026
Protests in Bolivia escalate amid economic turmoil and policy demands
Clashes erupt in La Paz as workers protest against rising fuel prices and damaged vehicles caused by subsidy cuts.
EXPLAINER
Why has the US sanctioned Iraq’s deputy oil minister for helping Iran?
The US accuses Ali Maarij al-Bahadly of helping Iran avoid sanctions and export its oil through Iraq.
Africa sees winners and losers as Iran war pushes up energy prices
Several African countries have sought financial help due to economic uncertainty caused by the war on Iran.
EXPLAINER
What is China’s anti-sanctions law and how does it work?
Beijing’s order blocking US sanctions on five oil refineries marks first invocation of 2021 law.
What’s behind the secessionist movement in the Canadian province Alberta?
Oil-rich western province could see independence referendum as soon as October, but complicated process remains ahead.
EXPLAINER
Araghchi in Beijing: How China could shape the direction of the US-Iran war
Analysts say shared US and Chinese interests in reopening the Strait of Hormuz could create a path towards peace.
US petrol prices 50 percent higher than before war on Iran
The average price of petrol in the United States has reached $4.48 per gallon, according to AAA.
