Energy industry – Page 3 – War Watch

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Lengthy US-Iran war would affect ‘lives and households of everybody’, says Starmer
ByPeter Walker Senior political correspondent March 9, 2026March 9, 2026

Ministers understood to be considering ways to mitigate rising energy bills as oil prices surpass $100 a barrelMiddle East crisis – live updatesUK politics live – latest updatesKeir Starmer has said that a long-term US-Iran war would affect the “lives …

Read More Lengthy US-Iran war would affect ‘lives and households of everybody’, says Starmer
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Why has the Iran war sparked fears of stagflation for the global economy?
ByLuca Ittimani March 9, 2026March 10, 2026

Conflict in the Middle East risks knocking growth worldwide and boosting prices, economists warn, amid global market turbulenceMiddle East crisis – live updatesOil prices surged on Monday, triggering a stark sell-off across some of the world’s leading …

Read More Why has the Iran war sparked fears of stagflation for the global economy?
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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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From petrol to groceries: how Middle East crisis is driving up prices
ByRory Carroll March 4, 2026

Global supply chains are disrupted and prices are rising across sectors amid warnings worse is to come if conflict persistsMiddle East crisis live – latest updatesWhat we know on day five of the Iran warThe conflict in the Middle East has disrupted glo…

Read More From petrol to groceries: how Middle East crisis is driving up prices
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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
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China calls for vessels in strait of Hormuz to be protected amid soaring shipping costs
ByJoanna Partridge March 3, 2026March 3, 2026

Beijing’s foreign ministry urges ‘all parties’ to avoid escalation as number of crossings drops 60% in one dayHow escalating Iran conflict is driving up oil and gas prices – a visual guideBusiness live – latest updatesThe Chinese government has called …

Read More China calls for vessels in strait of Hormuz to be protected amid soaring shipping costs
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Middle East crisis pushes up oil prices – and could drive inflation rises too
ByHeather Stewart Economics editor March 2, 2026

Effects of extended conflict between US and Iran could also lead to higher interest rates and hit economic growthBusiness live – latest updatesUS-Israel war on Iran – live updatesThe impact of the deadly and unpredictable conflict in the Middle East on…

Read More Middle East crisis pushes up oil prices – and could drive inflation rises too
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What the US–Israeli strikes on Iran mean for the price of oil
ByJillian Ambrose March 1, 2026March 1, 2026

Effective closure of the strait of Hormuz could spell trouble for many developed economiesUS-Israel war on Iran – latest updatesThe US-Israeli war on Iran has ignited fears that escalating military aggression in the Middle East could send oil prices so…

Read More What the US–Israeli strikes on Iran mean for the price of oil