Economics – War Watch

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Oil price tops $126 a barrel after Trump warns Iran blockade could last ‘months’
ByMark Saunokonoko April 30, 2026April 30, 2026

Markets spooked as US president appears willing to keep up naval blockade and Iran keeps strait of Hormuz all but shutBusiness live – latest updatesThe global oil price has soared above $126 a barrel, its highest level since 2022, after Donald Trump sa…

Read More Oil price tops $126 a barrel after Trump warns Iran blockade could last ‘months’
Ayatollah Ali Khamenei | Benjamin Netanyahu | Business | 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 | US foreign policy | US-Israel war on Iran

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
Ayatollah Ali Khamenei | Benjamin Netanyahu | Business | 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 | Shipping industry | Strait of Hormuz | US news | US-Israel war on Iran

Relief in financial markets after Iran ceasefire – but it is far from absolute | Richard Partington
ByRichard Partington Senior economics correspondent April 8, 2026April 8, 2026

Situation still volatile as Tehran and Washington issue conflicting messages about opening of Hormuz channelA plunge in the oil price, stock market rally and renewed hopes for the global economic outlook. After the announcement of a two-week ceasefire …

Read More Relief in financial markets after Iran ceasefire – but it is far from absolute | Richard Partington
Ayatollah Ali Khamenei | Benjamin Netanyahu | Business | Donald Trump | Economics | Energy industry | Gaza | Global economy | 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

Will shipping in the strait of Hormuz – and oil prices – return to normal?
ByJoanna Partridge and Jillian Ambrose April 8, 2026April 8, 2026

Analysts say doubts over stability of the ceasefire and damage to production sites mean the energy crisis is far from overMiddle East crisis – live updatesIf the US-Israeli ceasefire with Iran holds, it could offer the clearest hope of an end to the en…

Read More Will shipping in the strait of Hormuz – and oil prices – return to normal?
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 | Donald Trump | Economics | Gaza | Global economy | Houthis | International trade | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Middle East and north Africa | Nuclear weapons | Palestinian territories | Petrol prices | US-Israel war on Iran | World news | Yemen

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

Trump’s war in Iran exposes US’s shift from a global guardian to an arbiter of chaos
ByEduardo Porter March 25, 2026

The US is recklessly spreading economic havoc among global friends and foes while suffering little harm itselfTo shield ordinary Indians from the war in Iran, the government in Delhi redirected supplies of liquefied gas to Indian families, for which it…

Read More Trump’s war in Iran exposes US’s shift from a global guardian to an arbiter of chaos
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‘It’s come at the wrong time’: how Iran war has floored the Gulf as a sports hub
ByMatt Hughes Global sports business correspondent March 21, 2026

Conflict has not only hit sporting calendar but laid bare weakness in plans for diversifying economies through sportThe sight of Nasser al-Khelaifi grounded in Doha when Paris Saint Germain hosted Chelsea in the last-16 of the Champions League last wee…

Read More ‘It’s come at the wrong time’: how Iran war has floored the Gulf as a sports hub
Ayatollah Ali Khamenei | Benjamin Netanyahu | Business | Commodities | Donald Trump | Economics | Energy industry | Gas | Gaza | Global economy | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Middle East and north Africa | Nuclear weapons | Oil | Palestinian territories | Petrol prices | Qatar | Saudi Arabia | United Arab Emirates | US-Israel war on Iran | World news

‘Doomsday scenario’: a visual guide to the oil and gas site attacks in the Middle East
By March 19, 2026

Attacks on facilities by both sides in the conflict this week threaten grave consequences for the global economyMiddle East crisis – live updatesThe escalating attacks on key oil and gas projects in the Middle East are expected to fuel a new phase of t…

Read More ‘Doomsday scenario’: a visual guide to the oil and gas site attacks in the Middle East