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UAE quits Opec in win for Trump as oil cartel weakened
ByReuters April 28, 2026April 28, 2026

US president has accused organisation of ‘ripping off the rest of the world’ by inflating oil pricesThe United Arab Emirates has quit the Opec oil cartel after 60 years of membership, in a heavy blow to the group and its de facto leader, Saudi Arabia, …

Read More UAE quits Opec in win for Trump as oil cartel weakened
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Lockheed Martin CEO sees Trump’s Pentagon as ‘golden opportunity’ for growth
ByLauren Aratani in New York April 23, 2026

Jim Taiclet spoke in earnings call as company expands contracts with the US government amid the Iran warLockheed Martin’s CEO has called the Trump administration a “golden opportunity” for the company as it expands its contracting work for the federal …

Read More Lockheed Martin CEO sees Trump’s Pentagon as ‘golden opportunity’ for growth
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‘Tehran tollbooth’: what is Iran demanding and what would it mean for oil prices?
ByJillian Ambrose and Tom Knowles April 23, 2026

Iran’s plan to extract a $2m payment from tankers using the strait of Hormuz could raise costs for years to comeA second round of peace talks between the US and Iran has begun amid renewed attacks on oil tankers in the strait of Hormuz and a US blockad…

Read More ‘Tehran tollbooth’: what is Iran demanding and what would it mean for oil prices?
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Number of billionaires globally could reach 4,000 in next five years
ByLauren Almeida April 23, 2026

There are now 3,110 billionaires but analysis shows ‘deep structural acceleration’ in wealth creation around worldThe number of billionaires in the world could reach nearly 4,000 by 2031, figures suggest, as the super-rich accumulate wealth at an accel…

Read More Number of billionaires globally could reach 4,000 in next five years
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Tui cuts profit forecast as effects of Iran war cost travel group €40m
ByMark Sweney April 22, 2026

Firm had to repatriate almost 12,000 guests and staff, including from two cruise ships in Abu Dhabi and DohaBusiness live – latest updatesThe Iran war has cost the travel company Tui €40m (£34.7m) so far, including repatriating almost 12,000 holidaymak…

Read More Tui cuts profit forecast as effects of Iran war cost travel group €40m
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The Guardian view on the true cost of the Iran war: bombs kill – but so does the economic fallout | Editorial
ByEditorial April 21, 2026

There is growing international concern as the fragile two-week ceasefire reaches its Wednesday deadline. Whatever happens next, the poor will payMore than 3,300 Iranians, including 383 children, have been killed since the US and Israel launched their i…

Read More The Guardian view on the true cost of the Iran war: bombs kill – but so does the economic fallout | Editorial
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Iran war energy crisis: how bad could it get? – The Latest
By April 20, 2026

Oil and gas prices have jumped again as shipping through the strait of Hormuz came to a virtual standstill after Iran closed the waterway over the US blockade and Donald Trump announced an Iranian cargo ship had been seized trying to get past. Tehran h…

Read More Iran war energy crisis: how bad could it get? – The Latest
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‘A dollar or two increase is devastating’: US readers on toll of rising gas prices
ByMaya Yang April 16, 2026

Guardian readers describe how their lives have been upended by cost hikes stemming from Trump’s Iran warWith the US and Israel’s war on Iran now in its seventh week, with a fragile ceasefire in place since earlier this month, Americans are continuing t…

Read More ‘A dollar or two increase is devastating’: US readers on toll of rising gas prices
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Why is the US threatening to block Iranian ports and how would it work?
ByJonathan Yerushalmy April 13, 2026April 13, 2026

Announcement has left markets in yet more uncertainty, with questions over how blockade will be enforcedMiddle East crisis – live updatesThe US military has announced it will enforce a blockade on all Iranian ports in the strait of Hormuz from Monday a…

Read More Why is the US threatening to block Iranian ports and how would it work?
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Newly created Polymarket accounts win big on well-timed Iran ceasefire bets
ByAssociated Press April 9, 2026

Customers make hundreds of thousands of dollars as records show substantial bets made before announcementA group of new accounts on the prediction market Polymarket made highly specific, well-timed bets on whether the US and Iran would reach a ceasefir…

Read More Newly created Polymarket accounts win big on well-timed Iran ceasefire bets