Business – War Watch

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Normal shipping will not resume in strait of Hormuz until 80 mines cleared
ByJoanna Partridge June 19, 2026

Tanker owner trade body says centre of strait will remain closed for ‘some time’, with vessels risking running aground by taking Omani routeThe centre of the strait of Hormuz is blocked with about 80 mines that will need clearing for normal shipping to…

Read More Normal shipping will not resume in strait of Hormuz until 80 mines cleared
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Dubai property sales have fallen ‘off a cliff’ since start of Middle East war
ByLauren Almeida June 18, 2026

Sellers of luxury villas have wiped tens of millions of pounds off asking prices, with sales down 19% in May from the previous monthProperty sales in Dubai have fallen “off a cliff”, a leading market watcher has said, after war in the Middle East force…

Read More Dubai property sales have fallen ‘off a cliff’ since start of Middle East war
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Real estate event in London ‘advertised sale of land in illegal Israeli settlements’
ByGeneva Abdul and Aamna Mohdin June 17, 2026

Pamphlets from event featured projects in West Bank and East Jerusalem despite previous denials by organisersAn Israeli real estate event in north London appears to have advertised the sale of land in Israeli settlements in East Jerusalem and the occup…

Read More Real estate event in London ‘advertised sale of land in illegal Israeli settlements’
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Settler products from occupied Palestine sold to Europe as Israeli, investigation finds
ByEmma Graham-Harrison in Jerusalem and Lorenzo Tondo in Ein al Beida June 15, 2026

Shipments deliberately mislabelled to bolster settler economy, says non-profit Global EchoIsraeli exporters to Europe regularly hide the origin of produce grown in occupied Palestine to qualify for unlawful tax breaks that bolster the settler economy, …

Read More Settler products from occupied Palestine sold to Europe as Israeli, investigation finds
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Oil prices hit three-month low and markets reach record high amid Iran deal breakthrough
ByJillian Ambrose and Jonathan Barrett June 15, 2026June 15, 2026

Donald Trump posts ‘Let the oil flow’ as US-Iran peace deal sparks immediate drop for Brent crudeAnalysis: Oil and gas unlikely to return to prewar prices for months even if Hormuz reopensBusiness live – latest updatesMiddle East crisis: live updatesGl…

Read More Oil prices hit three-month low and markets reach record high amid Iran deal breakthrough
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Trump claims US and Iran on verge of signing peace agreement, but Tehran says no final decision made
ByWilliam Christou in Beirut June 11, 2026June 12, 2026

Iranian leadership has not confirmed claim, after the US president announced that planned strikes on Iran had been cancelledMiddle East crisis – live updatesDonald Trump claimed on Thursday that Washington and Tehran were on the verge of signing a pea…

Read More Trump claims US and Iran on verge of signing peace agreement, but Tehran says no final decision made
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Aviation industry looks skywards as leaders fly in for Rio summit
ByGwyn Topham in Rio de Janeiro June 6, 2026

Oil tankers may be stuck behind strait of Hormuz, but holding the Iata AGM in Brazil defies warnings of impending shortagesNothing says jet fuel crisis, as one prospective attender put it, like flying everyone to Rio de Janeiro. Aviation leaders will c…

Read More Aviation industry looks skywards as leaders fly in for Rio summit
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UK shoppers return to high street as warm weather brings respite from shadow of war
ByPhillip Inman June 5, 2026

British Retail Consortium figures show footfall rose in May, with consumer confidence improving after spending squeezeGreater numbers of consumers went shopping last month as spring sunshine brought welcome relief to retailers, which have faced a squee…

Read More UK shoppers return to high street as warm weather brings respite from shadow of war
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Sky exits UAE news venture after genocide denial accusations
ByMark Sweney Media business correspondent May 31, 2026

Sky News Arabia to retain its name in brand licensing deal after criticism of its coverage of the war in SudanSky is exiting its TV news joint venture with the United Arab Emirates, Sky News Arabia, which has been criticised for its coverage of the war…

Read More Sky exits UAE news venture after genocide denial accusations
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What may be included in proposed Iran ceasefire deal?
ByYohannes Lowe May 24, 2026

Proposed framework hinges on a 60-day truce, reopening strait of Hormuz, and revived talks on limiting Iran nuclear programme• Middle East crisis: live updatesDonald Trump has said a “memorandum of understanding” in talks to end the US-Israel war on Ir…

Read More What may be included in proposed Iran ceasefire deal?