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    Beyond the strait: why attacks on Kargh Island could keep oil prices high

    ByJillian Ambrose Energy correspondent March 15, 2026March 15, 2026

    Oil could pass 2008 record of $147.50 a barrel as damage and field closures risk compounding supply shock caused by Iran warAbout 20 miles off the coast of Iran lies the source of the petrostate’s economic lifeblood and the latest target of US military…

    Read More Beyond the strait: why attacks on Kargh Island could keep oil prices highContinue

  • Aramco | Ayatollah Ali Khamenei | Benjamin Netanyahu | Business | Commodities | Donald Trump | Economics | Energy industry | Gaza | Global economy | International trade | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Middle East and north Africa | Nuclear weapons | Oil | Oil and gas companies | Palestinian territories | Petrol prices | Saudi Arabia | Stock markets | Supply chain crisis | US-Israel war on Iran | World news

    Aramco warns of oil market ‘catastrophe’ unless strait of Hormuz reopens soon

    ByJillian Ambrose March 10, 2026March 10, 2026

    Saudi Arabian state oil firm calls crisis by far the biggest the region has seen but firm can reroute 70% of exports and tap crude held in storageHow the Iran conflict could affect energy prices – video explainerSaudi Arabia’s state oil company has war…

    Read More Aramco warns of oil market ‘catastrophe’ unless strait of Hormuz reopens soonContinue

  • Ayatollah Ali Khamenei | Benjamin Netanyahu | Business | Commodities | Donald Trump | Energy industry | Gaza | International trade | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Middle East and north Africa | Nuclear weapons | Oil | Palestinian territories | Petrol prices | UK cost of living crisis | US-Israel war on Iran | World news

    How the Iran conflict could affect prices around the world – video explainer

    ByAcacia Redding, Maheen Sadiq and Jillian Ambrose March 10, 2026

    Oil markets have had some of the steepest price rises ever recorded as conflict in the Middle East escalated over the last week. Although the world is slowly becoming greener, fossil fuels are still the lifeblood of every economy so when oil and gas pr…

    Read More How the Iran conflict could affect prices around the world – video explainerContinue

  • Ayatollah Ali Khamenei | Benjamin Netanyahu | Business | Commodities | Donald Trump | Economics | Gaza | International trade | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Middle East and north Africa | Nuclear weapons | Oil | Palestinian territories | Petrol prices | Shipping industry | Stock markets | Trump administration | US news | US-Israel war on Iran | World news

    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 barrelContinue

  • Ayatollah Ali Khamenei | Benjamin Netanyahu | Business | Commodities | Donald Trump | Gaza | Goldman Sachs | International trade | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Middle East and north Africa | Nuclear weapons | Oil | Palestinian territories | Petrol prices | Shipping industry | US-Israel war on Iran | World news

    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 warContinue

  • Ayatollah Ali Khamenei | Benjamin Netanyahu | Brics | Business | Currencies | Dollar | Donald Trump | Economics | Gaza | International trade | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Middle East and north Africa | Nuclear weapons | Palestinian territories | Petrol prices | Trump administration | US news | World news

    Trump is accelerating the world’s slow drift from dollar dominance | Heather Stewart

    ByHeather Stewart March 1, 2026

    Aggression feeds a sense that the US is operating outside global norms and helps to fuel a more complex currency outlookWhat the US-Israeli attacks on Iran mean for oil pricesDonald Trump’s attack on Iran, with its puerile Pentagon nametag, Operation E…

    Read More Trump is accelerating the world’s slow drift from dollar dominance | Heather StewartContinue

  • Ayatollah Ali Khamenei | Benjamin Netanyahu | Donald Trump | Foreign policy | Gaza | Hamas | International trade | Iran | Iran's nuclear programme | Israel | Israel-Gaza war | Israel–Iran War | Keir Starmer | Middle East and north Africa | Nuclear weapons | Palestinian territories | Petrol prices | Politics | Trump tariffs | UK news | Ukraine | US foreign policy | US news | Vladimir Putin | World news

    Starmer has avoided state-visit bear traps but has he changed any of Trump’s thinking?

    ByPatrick Wintour Diplomatic editor September 18, 2025

    PM cannot afford for US president to walk away from Ukraine crisis and must persuade him to publicly support specific Gaza plansWith bear traps avoided and fireworks unlit, Keir Starmer will be delighted that his press conference with Donald Trump lent…

    Read More Starmer has avoided state-visit bear traps but has he changed any of Trump’s thinking?Continue

  • Ayatollah Ali Khamenei | Benjamin Netanyahu | Donald Trump | Foreign policy | Gaza | Hamas | International trade | Iran | Iran's nuclear programme | Israel | Israel-Gaza war | Israel–Iran War | Keir Starmer | Middle East and north Africa | Nuclear weapons | Palestinian territories | Petrol prices | Politics | Trump tariffs | UK news | Ukraine | US foreign policy | US news | Vladimir Putin | World news

    Starmer has avoided state-visit bear traps but has he changed any of Trump’s thinking?

    ByPatrick Wintour Diplomatic editor September 18, 2025

    PM cannot afford for US president to walk away from Ukraine crisis and must persuade him to publicly support specific Gaza plansWith bear traps avoided and fireworks unlit, Keir Starmer will be delighted that his press conference with Donald Trump lent…

    Read More Starmer has avoided state-visit bear traps but has he changed any of Trump’s thinking?Continue

  • Americas | Ayatollah Ali Khamenei | Benjamin Netanyahu | Canada | Donald Trump | Gaza | International trade | Iran | Iran's nuclear programme | Israel | Israel-Gaza war | Israel–Iran War | Mark Carney | Middle East and north Africa | Nuclear weapons | Palestinian territories | Petrol prices | Tariffs | Trump tariffs | US news | World news

    Trump threatens Canada on trade deal after Carney moves to recognise Palestine

    ByChris Michael July 31, 2025

    Trump says recognising Palestine statehood ‘rewards Hamas’ and US deal with Canada would now be ‘very hard’Business live – latest updatesDonald Trump has threatened Canada after it moved to recognise a Palestinian state, reacting to Mark Carney’s annou…

    Read More Trump threatens Canada on trade deal after Carney moves to recognise PalestineContinue

  • Ayatollah Ali Khamenei | Benjamin Netanyahu | Business | Commodities | Donald Trump | Economics | Energy industry | Gaza | International trade | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Middle East and north Africa | Nuclear weapons | Oil | Oil and gas companies | Palestinian territories | Petrol prices | Shell | Shipping industry | US foreign policy

    Shell boss warns of ‘huge impact on trade’ if Israel-Iran conflict escalates

    ByLauren Almeida June 19, 2025

    Blockage of strait of Hormuz, through which about 25% of world’s oil passes, could shock energy market, says Wael Sawan• Business live – latest updatesAn escalation in the Middle East conflict could have a “huge impact on global trade”, the boss of the…

    Read More Shell boss warns of ‘huge impact on trade’ if Israel-Iran conflict escalatesContinue

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