Commodities – Page 4 – War Watch

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US stock markets close on high after Iran war drove oil prices above $100 a barrel
ByJillian Ambrose Energy correspondent March 8, 2026March 9, 2026

Markets settled after Trump claimed US-Israel war with Iran is ‘very complete’, bringing oil prices down to $85 a barrelHow high could oil prices go – and what might the global economic fallout be?US stock markets closed on a high after oil prices swun…

Read More US stock markets close on high after Iran war drove oil prices above $100 a barrel
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Oil prices ‘could breach $100 a barrel within days’ amid supply disruption from Iran war
ByJillian Ambrose Energy correspondent March 8, 2026

Warning from Goldman Sachs comes as crude shipping through strait of Hormuz falls further than bank thoughtGlobal oil prices could breach the $100 (£74) a barrel mark within days, and reach $150 a barrel by the end of the month, without a solution to …

Read More Oil prices ‘could breach $100 a barrel within days’ amid supply disruption from Iran war
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US considers lifting more sanctions on Russian oil as Iran conflict sees global prices surge
ByAgence France-Presse March 7, 2026

Washington says new measures not aimed at easing restrictions on Moscow and only affect supplies already in transitThe US treasury secretary, Scott Bessent, said on Friday that his government was considering lifting sanctions on more Russian oil, a day…

Read More US considers lifting more sanctions on Russian oil as Iran conflict sees global prices surge
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Iran war pushes oil price above $90 threatening rise in global inflation
ByGraeme Wearden and Jillian Ambrose March 6, 2026

Reports Kuwait was cutting output pushed up cost of barrel of Brent crude to highest weekly gain since Covid pandemic beganThe Iran conflict has driven the oil price past $90 a barrel to its highest weekly gains since the Covid-19 pandemic six years ag…

Read More Iran war pushes oil price above $90 threatening rise in global inflation
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‘We’re powerless … and hoping nothing hits us’: trapped on a tanker as Iran war escalates
ByJillian Ambrose and Joanna Partridge March 6, 2026March 6, 2026

Seafarer tells of explosions in the sky as thousands stuck on vessels after strait of Hormuz is effectively closed to shipping• Maritime and port workers: how is the Middle East conflict affecting you?Thousands of seafarers are trapped on tankers in th…

Read More ‘We’re powerless … and hoping nothing hits us’: trapped on a tanker as Iran war escalates
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US grants waiver to allow India to buy Russian oil amid Iran war
ByReuters March 6, 2026March 6, 2026

‘Stopgap measure’ designed to keep oil flowing into global market as Middle East crisis disrupts crude shipmentsBusiness live – latest updatesThe US has temporarily allowed India to buy Russian oil currently stuck at sea in an effort to keep global sup…

Read More US grants waiver to allow India to buy Russian oil amid Iran war
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Oil price continues to rise amid Middle East crisis but stock markets rebound across Asia
ByJulia Kollewe March 5, 2026

Reports of attack on US registered tanker in Gulf lifts crude by 3% to $84 a barrel as gas price also starts to climbBusiness live – latest updatesMiddle East crisis – live updatesStock markets have rebounded in Asia after days of heavy losses driven b…

Read More Oil price continues to rise amid Middle East crisis but stock markets rebound across Asia
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Globalisation is under threat from Iran war – and Britain is uniquely vulnerable
ByJames Meadway March 5, 2026

Economic ripples from US-Israel attacks will soon become waves, engulfing everything from energy prices to foodIn retaliation for the US-Israeli missile attacks, Iran has launched what amounts to all-out economic warfare. Should the conflict continue e…

Read More Globalisation is under threat from Iran war – and Britain is uniquely vulnerable
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Could the Iran war spark a global economic crisis? – The Latest
By March 4, 2026

Global oil and gas prices have skyrocketed as war halts energy exports from the Middle East. The strait of Hormuz, a narrow passage of water that facilitates the shipping of about a fifth of the world’s oil, has been in effect closed since the regional…

Read More Could the Iran war spark a global economic crisis? – The Latest
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Global Markets Swing as Investors Assess Energy Price Impact
ByRiver Akira Davis and Meaghan Tobin March 4, 2026March 4, 2026

Markets in Europe and the United States appeared to stabilize after days of turmoil, but stocks in Asia fell sharply.

Read More Global Markets Swing as Investors Assess Energy Price Impact