Business – War Watch

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‘It’s come at the wrong time’: how Iran war has floored the Gulf as a sports hub
ByMatt Hughes Global sports business correspondent March 21, 2026

Conflict has not only hit sporting calendar but laid bare weakness in plans for diversifying economies through sportThe sight of Nasser al-Khelaifi grounded in Doha when Paris Saint Germain hosted Chelsea in the last-16 of the Champions League last wee…

Read More ‘It’s come at the wrong time’: how Iran war has floored the Gulf as a sports hub
Ayatollah Ali Khamenei | Benjamin Netanyahu | Business | Commodities | Donald Trump | Gaza | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Middle East and north Africa | Nuclear weapons | Oil | Palestinian territories | Petrol prices | Trump administration | US foreign policy | US news | US politics | World news

US lifts sanctions on Iranian oil at sea in bid to ease supply pressures
ByGuardian staff and agencies March 21, 2026March 21, 2026

Treasury secretary Scott Bessent says move will bring 140m barrels to market but insists Tehran will not benefitMiddle East crisis – live updatesThe Trump administration has waived sanctions on Iranian oil purchases at sea for 30 days to ease surging o…

Read More US lifts sanctions on Iranian oil at sea in bid to ease supply pressures
Ayatollah Ali Khamenei | Benjamin Netanyahu | Business | Commodities | Donald Trump | Energy industry | Gaza | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Middle East and north Africa | Nuclear weapons | Oil | Oil and gas companies | Palestinian territories | Petrol prices | US news | US-Israel war on Iran | World news

US preparing to send three more warships and thousands more troops to Middle East
ByPeter Beaumont Senior international correspondent March 20, 2026March 20, 2026

Move comes as Donald Trump calls Nato allies ‘cowards’ for not wanting to ‘help open’ strait of HormuzMiddle East crisis – live updatesThe US is reportedly preparing to send three more warships and thousands more troops to the Middle East, as Donald Tr…

Read More US preparing to send three more warships and thousands more troops to Middle East
Ayatollah Ali Khamenei | Benjamin Netanyahu | Business | Commodities | Donald Trump | Economics | Energy industry | Gas | Gaza | Global economy | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Middle East and north Africa | Nuclear weapons | Oil | Palestinian territories | Petrol prices | Qatar | Saudi Arabia | United Arab Emirates | US-Israel war on Iran | World news

‘Doomsday scenario’: a visual guide to the oil and gas site attacks in the Middle East
By March 19, 2026

Attacks on facilities by both sides in the conflict this week threaten grave consequences for the global economyMiddle East crisis – live updatesThe escalating attacks on key oil and gas projects in the Middle East are expected to fuel a new phase of t…

Read More ‘Doomsday scenario’: a visual guide to the oil and gas site attacks in the Middle East
Ayatollah Ali Khamenei | Benjamin Netanyahu | Business | Donald Trump | Economic policy | Gaza | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Middle East and north Africa | Nuclear weapons | Oil | Oil and gas companies | Palestinian territories | Petrol prices | US news | US-Israel war on Iran | World news

Iran could be the US’s Boer war: a hollow victory that marks the beginning of the end of empire | Larry Elliott
ByLarry Elliott March 19, 2026

US leaders anticipated a walkover. Now they’re embroiled in a conflict that could hasten the end of US economic dominance Nobody gave the Boers a prayer when the war in South Africa began in 1899. It was farmers ranged against the might of the British …

Read More Iran could be the US’s Boer war: a hollow victory that marks the beginning of the end of empire | Larry Elliott
Ayatollah Ali Khamenei | Benjamin Netanyahu | Business | Commodities | Donald Trump | Energy industry | Gas | Gaza | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Middle East and north Africa | Nuclear weapons | Palestinian territories | Petrol prices | Qatar | US news | US-Israel war on Iran | World news

Middle East war: why tit-for-tat attacks on gasfields are a major escalation
ByPeter Beaumont March 18, 2026March 19, 2026

Strikes on South Pars and Ras Laffan are first time fossil fuel energy production facilities have been hit. Why is it significant?Middle East crisis – live updatesThe strikes on so-called upstream gas production facilities by both sides of the Middle E…

Read More Middle East war: why tit-for-tat attacks on gasfields are a major escalation
Ayatollah Ali Khamenei | Benjamin Netanyahu | Business | Commodities | Donald Trump | Energy industry | Gas | Gaza | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Middle East and north Africa | Nuclear weapons | Oil | Palestinian territories | Petrol prices | Qatar | Saudi Arabia | United Arab Emirates | US-Israel war on Iran | World news

Iran threatens Gulf energy facilities after Israeli attack on its largest gasfield
ByJillian Ambrose March 18, 2026

Revolutionary Guards say they will strike infrastructure in Saudi Arabia, UAE and Qatar after South Pars field hitMiddle East crisis – live updatesBusiness live – latest updatesIran has threatened to attack energy infrastructure across the Gulf region …

Read More Iran threatens Gulf energy facilities after Israeli attack on its largest gasfield
Ayatollah Ali Khamenei | Benjamin Netanyahu | Business | Commodities | Donald Trump | Gas | Gaza | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Middle East and north Africa | Nuclear weapons | Oil | Palestinian territories | Petrol prices | US foreign policy | US news | US-Israel war on Iran | World news

Will the strait of Hormuz torpedo Trump’s war? – podcast
By March 17, 2026

Events in the narrow waterway are causing chaos around the globe. Jillian Ambrose explains whyThe strait of Hormuz, a narrow stretch of water at the mouth of the Gulf, is the world’s petrol pump, a geographical bottleneck through which 20% of the world…

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Ayatollah Ali Khamenei | Benjamin Netanyahu | Business | Commodities | Donald Trump | Gaza | Global economy | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Middle East and north Africa | Nuclear weapons | Oil | Palestinian territories | Petrol prices | UK news | US news | US-Israel war on Iran | World news

IEA to consider release of more oil reserves as Iran war keeps prices high
ByJillian Ambrose Energy correspondent March 16, 2026

Head of world’s energy watchdog says it will take time for markets to recover from ongoing crisis in strait of HormuzThe world’s energy watchdog will consider releasing further emergency crude stocks into the global market to cool rising oil prices aft…

Read More IEA to consider release of more oil reserves as Iran war keeps prices high
Ayatollah Ali Khamenei | Benjamin Netanyahu | Business | China | Commodities | Donald Trump | Energy industry | Gaza | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Middle East and north Africa | Nuclear weapons | Oil | Palestinian territories | Petrol prices | Russia | US foreign policy | US news | US-Israel war on Iran | World news

Iran’s Hormuz blockade is its most powerful card against Trump and Israel. It won’t back down easily | Jack Watling
ByJack Watling March 16, 2026

By imposing massive costs on the global economy, the Iranian government hopes to cause the US to back downThe US and Israeli decision to attack Iran has sent economic shockwaves around the world. About 20% of global oil supplies have been effectively b…

Read More Iran’s Hormuz blockade is its most powerful card against Trump and Israel. It won’t back down easily | Jack Watling