#energy-prices

#energy-prices

“Your request that 'the federal government should give a $5,000 tax rebate for all new electric car purchases' means that the federal government must take that money out of the pockets of hardworking people who may not have the means to buy an electric vehicle in the first place,” Foxx seethed in the letter, posted on social media by the boy's mother.

“I cannot charge truck drivers and laborers more per plate,” Verma told DW, wiping down steel tables after the lunch rush. “If prices go up too much, they stop eating here. So, I absorb the loss. 'till I can't.”

Fianna Fáil has an "exciting fut­ure" ahead of it, but only if the party realises "that we're not there for ourselves", Micheál Martin has said, days out from marking its centenary.

America's employers a delivered a surprising 115,000 new jobs last month despite an economic shock from the Iran war. Hiring was better than the 65,000 forecasters had expected, though it decelerated from the 185,000 jobs created in March. The unemployment rate remained at a low 4.3%.

Independent Ireland has seen its support jump by three points to 9pc, tying the party with the Social Democrats, while support for Aontú now stands at 7pc.

The European Central Bank has kept interest rates on hold, despite inflation rising to an estimated 3.0% in April 2026, driven primarily by energy prices.

Consumers are singing the blues. They aren't happy with high prices for gas, housing, electricity and many other items. It's clear consumers aren't going to feel much better until there's an end to the Middle East conflict.

Trump's approval rating on inflation and prices dropped to 35 points underwater, matching the lowest level reached by Joe Biden during his inflation-ravaged presidency.

Canada's annual inflation rate rose to 2.4% in March, driven by high prices for energy, especially gas, due to the war in Iran.

Dollar weakness matters enormously for emerging market equities because most of these companies earn revenues in local currencies. When the dollar softens, those earnings translate into more dollars for U.S.-based investors, giving the portfolio a currency tailwind on top of any underlying business performance.

The world's top 100 oil and gas companies banked more than $30m every hour in unearned profit in the first month of the US-Israeli war in Iran, with Saudi Aramco, Gazprom, and ExxonMobil among the biggest beneficiaries.

China's exports have decelerated as the Iran war starts to affect global demand and supply chains, according to Gary Ng, a senior economist for Asia Pacific at French bank Natixis.

Octopus Energy reported that its heat pump orders more than doubled in March compared to February, while sales of solar power systems increased by almost 80%. This trend reflects a growing consumer shift towards renewable energy solutions.