Energy – Page 2 – War Watch

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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…

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Australian energy bills could surge as Iran conflict drives up global gas prices
ByPatrick Commins Economics editor March 3, 2026

Experts warn of similarities with 2022, when electricity prices went up by more than 40% due to the Russian invasion of UkraineGet our breaking news email, free app or daily news podcastThe US-Israel strikes on Iran risk a repeat of the 2022 energy sho…

Read More Australian energy bills could surge as Iran conflict drives up global gas prices
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Tony Blair’s oil lobbying is a misleading rehash of fossil fuel industry spin
ByFiona Harvey Environment editor February 13, 2026

Ex-PM’s thinktank urges more drilling and fewer renewables, ignoring evidence that clean energy is cheaper and better for billsA thinktank with close ties to Saudi Arabia and substantial funding from a Donald Trump ally needs to present a particularly …

Read More Tony Blair’s oil lobbying is a misleading rehash of fossil fuel industry spin
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‘Deeply ideological’: the rationale behind Iran’s insistence on uranium enrichment
ByPatrick Wintour Diplomatic editor January 30, 2026

Tehran’s nuclear ambitions date back to the shah and the 1970s and remains undimmed despite the damage caused by sanctionsA desperate effort to avert war between the US and Iran is once again under way, but trying to locate common ground between the tw…

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Iraq’s marshes were considered an Eden. Now the oil industry is sucking them dry
ByAzhar Al-Rubaie, Sara Manisera and Daniela Sala in Hawizeh Marshes August 13, 2025

Hawizeh’s wetlands once had abundant fishing and wildlife. In a land threatened by drought and desertification, oil drilling is draining the last of the waterAt dawn, a veil of mist clings to the canals of Hawizeh, where sky and water seem to blur into…

Read More Iraq’s marshes were considered an Eden. Now the oil industry is sucking them dry
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Why is Iran’s nuclear programme so essential to its identity?
ByPatrick Wintour June 23, 2025

Why does a country with large oil reserves feel such a need to have home-grown civil nuclear energy?Middle East crisis – live updatesIn October 1978, two leaders of the Iranian opposition to the British-backed shah of Iran met in the Paris suburbs of N…

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