Commodities – Page 2 – War Watch

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Oil, strait of Hormuz and empty threats: a timeline of Trump’s flip-flopping on the Iran war
ByJoseph Gedeon in Washington April 4, 2026

In the fifth week of the war, Trump continues contradicting himself on its objectives and how Americans are affectedWhen Donald Trump launched Operation Epic Fury alongside Israel on 28 February, his administration had settled on a set of stated, and b…

Read More Oil, strait of Hormuz and empty threats: a timeline of Trump’s flip-flopping on the Iran war
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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?
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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’
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‘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 …

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

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
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UK offers to host international security summit on reopening strait of Hormuz
ByPippa Crerar Political editor March 24, 2026

Defence chiefs have been discussing how to unblock the conduit for about a fifth of the world’s oil suppliesThe UK has offered to host an international security summit to draw up a “viable, collective plan” to reopen the strait of Hormuz as economic fa…

Read More UK offers to host international security summit on reopening strait of Hormuz
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Iran vows to destroy Middle East water and energy facilities if US attacks power plants
ByJon Henley and Lorenzo Tondo in Jerusalem March 22, 2026March 22, 2026

Tehran’s response to Trump’s threat signals a potentially dangerous escalation as both sides menace sites relied on by millions Middle East crisis live – latest updatesTehran has said it will “irreversibly destroy” essential infrastructure across the M…

Read More Iran vows to destroy Middle East water and energy facilities if US attacks power plants
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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
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Trump hints at wind down of war as US prepares to send more troops to Gulf
ByPeter Beaumont Senior international correspondent March 20, 2026March 21, 2026

Washington considers Kharg Island takeover as Donald Trump calls Nato allies ‘cowards’ for refusal to ‘help open’ strait of HormuzMiddle East crisis – live updatesDonald Trump said he was considering “winding down” military operations in the Middle Eas…

Read More Trump hints at wind down of war as US prepares to send more troops to Gulf
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Why gasfield attacks are major escalation in Iran war – The Latest
By March 19, 2026

Donald Trump is threatening to ‘blow up’ a major Iranian energy facility, as attacks on gasfields across the Middle East send gas and oil prices skyrocketing again. The threat comes after Israeli strikes on the South Pars gasfield prompted Iran to reta…

Read More Why gasfield attacks are major escalation in Iran war – The Latest