Study: Iran War energy crisis loads over $100bn of additional costs onto households and businesses

James Murray
clock • 4 min read
Study: Iran War energy crisis loads over $100bn of additional costs onto households and businesses

Analysis from campaign group 350.org calculates surge in oil and gas prices has led to over $104bn of additional costs for consumers worldwide over the past month

Consumers have faced over $100bn of additional costs since the start of the Iran War a month ago, as a spike in oil and gas prices has led to increased energy and fuel costs worldwide. That is according...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

'As warm as the African savannah': Chester Zoo installs heat pumps for zebras, ostriches, and antelopes

'As warm as the African savannah': Chester Zoo installs heat pumps for zebras, ostriches, and antelopes

Mitsubishi Electric installs range of renewable heating and cooling systems to support Chester Zoo's decarbonisation drive

Michael Holder
clock 29 April 2026 • 2 min read
'Ready to lead': Companies urge government to back HyNet regional hydrogen network plans

'Ready to lead': Companies urge government to back HyNet regional hydrogen network plans

EXCLUSIVE: Letter backed by Liverpool and Manchester Mayors, JLR, Stellantis, and regional airports, urges Ed Miliband to prioritise North West cluster

Stuart Stone
clock 29 April 2026 • 4 min read
UK energy tsar Chris Stark: 'I don't worry too much about data centres'

UK energy tsar Chris Stark: 'I don't worry too much about data centres'

Head of UK's Clean Power Mission remains confident data centres will not derail the government's climate plans, as he argues clean energy has a critical role to play in UK's response to latest fossil fuel supply shock

Michael Holder
clock 29 April 2026 • 10 min read