Economics – Page 3 – 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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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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Stock market falls resume as US-Israel war with Iran drives up oil and gas prices
ByTom Knowles March 5, 2026

FTSE 100 and France’s CAC down 1.5%; Germany’s DAX and Italy’s FTSE MIB down 1.6%; the Dow Jones was down 2%Middle East crisis – live updatesA market sell-off resumed on both sides of the Atlantic on Thursday as fears mounted that there would be no qui…

Read More Stock market falls resume as US-Israel war with Iran drives up oil and gas prices
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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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‘A big burden for farmers’: Gulf shipping crisis threatens food price shock
ByJoanna Partridge March 5, 2026

Iranian blockade of the strategic strait of Hormuz is hitting global fertiliser supply chainThe global fertiliser supply chain could face significant disruption if the effective closure by Iran of the strait of Hormuz persists, prompting concerns from …

Read More ‘A big burden for farmers’: Gulf shipping crisis threatens food price shock
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Will war in the Middle East trigger a global economic crisis? – The Latest
By March 4, 2026

Global oil and gas prices have spiked as the conflict in the Middle East halts energy exports from the region. The strait of Hormuz has been in effect closed since the war began, causing fears of a global economic crisis. About a fifth of the world’s o…

Read More Will war in the Middle East trigger a global economic crisis? – The Latest
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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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UK borrowing costs jump again on fears Iran conflict will curb growth
ByPhillip Inman March 3, 2026

Investors suspect rising oil and gas costs will stoke inflation and delay cuts in interest ratesUK borrowing costs jumped for a second day on Tuesday as the potentially damaging effects of the Iran conflict spooked investors concerned that growth will …

Read More UK borrowing costs jump again on fears Iran conflict will curb growth