Business – Page 3 – War Watch

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Oil prices plunge and stocks jump after Trump announces conditional ceasefire with Iran
ByMark Saunokonoko April 8, 2026April 8, 2026

Oil heads for biggest daily fall since pandemic as Iran says it will reopen strait of Hormuz under its managementMiddle East crisis – live updatesUS and Iran agree to provisional ceasefire as Tehran says it will reopen strait of HormuzOil prices tumble…

Read More Oil prices plunge and stocks jump after Trump announces conditional ceasefire with Iran
Ayatollah Ali Khamenei | Benjamin Netanyahu | Business | Donald Trump | Dubai | Europe | Gaza | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Italy | Middle East and north Africa | Nuclear weapons | Palestinian territories | Petrol prices | Tax havens | The super-rich

‘Italy has the best benefits’: Milan takes on Dubai as home for the super-rich
ByLauren Almeida April 7, 2026

With the UAE under fire from Iranian missies, wealthy investors are turning to Italy’s flat-tax havenJust over a month ago, Dubai was the obvious destination for wealthy Britons in search of a new home. Few cities allow you to earn vast sums tax-free a…

Read More ‘Italy has the best benefits’: Milan takes on Dubai as home for the super-rich
Ayatollah Ali Khamenei | Bahrain | Benjamin Netanyahu | Business | Commodities | Donald Trump | Energy industry | Gaza | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Kuwait | Middle East and north Africa | Nuclear weapons | Oil | Opec | Palestinian territories | Petrol prices | Strait of Hormuz | United Arab Emirates | US news | US-Israel war on Iran | World news

Iran strikes Kuwait’s oil infrastructure before Opec+ supply talks
ByKalyeena Makortoff and agencies April 5, 2026April 5, 2026

Members reportedly agree a rise of 206,000 barrels a day in May, but move symbolic while strait of Hormuz is effectively closedMiddle East crisis – live updatesIranian drones have struck Kuwait’s oil infrastructure, causing “severe material damage” tha…

Read More Iran strikes Kuwait’s oil infrastructure before Opec+ supply talks
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How could strait of Hormuz closure affect UK food and medicine supplies?
ByHelena Horton and Rachel Hall April 2, 2026

Effects of Iran’s blockade will depend on how long crisis lasts as disruption ripples through supply chainsMiddle East crisis – live updatesThe closure of the strait of Hormuz, the crucial oil and gas shipping route that has been blocked by Iran since …

Read More How could strait of Hormuz closure affect UK food and medicine supplies?
Ayatollah Ali Khamenei | Benjamin Netanyahu | Business | Commodities | Donald Trump | Economics | Gaza | Global economy | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Middle East and north Africa | Nuclear weapons | Oil | Palestinian territories | Petrol prices | Stock markets | US news | US-Israel war on Iran | World news

Oil price falls and markets rally after Trump says Iran war over in ‘two to three weeks’
ByLauren Almeida April 1, 2026April 1, 2026

US president’s claim that conflict is nearing end prompts 15% drop in Brent crude and stock market climb in AsiaBusiness live – latest updatesOil prices tumbled and stock markets have rallied across the world after Donald Trump said the war in Iran wou…

Read More Oil price falls and markets rally after Trump says Iran war over in ‘two to three weeks’
Ayatollah Ali Khamenei | Benjamin Netanyahu | Business | Commodities | Donald Trump | Dubai | Gaza | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Middle East and north Africa | Nuclear weapons | Oil | Palestinian territories | Petrol prices | United Arab Emirates | US-Israel war on Iran | World news

‘There’s no safe place here’: Kuwaiti tanker hit by Iranian drone attack in Dubai port
ByGuardian staff and agencies March 31, 2026March 31, 2026

Dozens of other vessels leave area after drone strike causes fire onboard tanker owned by Kuwait’s state oil companyMiddle East crisis – live updatesHow could US forcibly reopen strait of Hormuz and what are the risks?When Iran attacked a fully loaded …

Read More ‘There’s no safe place here’: Kuwaiti tanker hit by Iranian drone attack in Dubai port
Ayatollah Ali Khamenei | Benjamin Netanyahu | Business | Donald Trump | Gaza | International Monetary Fund (IMF) | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Middle East and north Africa | Nuclear weapons | Oil | Palestinian territories | Petrol prices | UK cost of living crisis | UK news | US-Israel war on Iran

IMF warns Middle East conflict will lead to higher prices and slower global growth
ByPhillip Inman March 30, 2026

Washington-based fund says rising energy and food costs will hit economies worldwide and could leave lasting scarsThe International Monetary Fund has warned that “all roads lead to higher prices and slower growth worldwide” should the conflict in the M…

Read More IMF warns Middle East conflict will lead to higher prices and slower global growth
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Who are the Houthis – explained in 30 seconds
ByJonathan Yerushalmy March 30, 2026

Yemeni militant group is ally of Iran and has previously caused huge disruption to global trade through attacks on Red Sea shippingMiddle East crisis – live updates The Houthis are a militant group that emerged from a years-long civil war in Yemen as t…

Read More Who are the Houthis – explained in 30 seconds
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Blink and miss: Trump’s tactic of threats first and U-turn later is proving stale in Iran war
ByEduardo Porter March 27, 2026

President’s move, dubbed Trump Always Chickens Out, appears to have soured as he loses hold on situation in IranFrom Wall Street to the White House, the dish everyone’s talking about this week is the Persian Taco. It’s what’s served when Trump chickens…

Read More Blink and miss: Trump’s tactic of threats first and U-turn later is proving stale in Iran war
Ayatollah Ali Khamenei | Benjamin Netanyahu | Business | Donald Trump | Gaza | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Middle East and north Africa | Nuclear weapons | Oil | Palestinian territories | Petrol prices | Shipping industry | Strait of Hormuz | US-Israel war on Iran | World news

‘Tehran’s tollbooth’: a visual guide to how a trickle of ships still passes through strait of Hormuz
ByJoanna Partridge. Graphics by Tural Ahmedzade and Heidi Wilson March 26, 2026

Many of the vessels willing to make the crossing are taking an alternative route through Iranian watersThreats to shipping have effectively closed the strait of Hormuz since the US-Israel war on Iran began four weeks ago – upending global oil and gas s…

Read More ‘Tehran’s tollbooth’: a visual guide to how a trickle of ships still passes through strait of Hormuz