International Trade and World Market – War Watch

Bessent, Scott | Economic Conditions and Trends | Embargoes and Sanctions | International Trade and World Market | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Oil (Petroleum) and Gasoline | Prices (Fares, Fees and Rates) | Strait of Hormuz | Treasury Department | Trump, Donald J | United States International Relations | United States Politics and Government | US and Israeli Attack on Iran (2026)

U.S. Encourages Flow of Iranian Oil While It Battles Iran
ByAlan Rappeport March 19, 2026

Treasury Secretary Scott Bessent said removing sanctions on Iranian oil would lower global prices.

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Gulf of Oman | International Trade and World Market | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Kharg Island (Iran) | Oil (Petroleum) and Gasoline | Persian Gulf | Ships and Shipping | Strait of Hormuz | Trump, Donald J | United States Marine Corps | United States Politics and Government | US and Israeli Attack on Iran (2026)

Kharg Island Is an Appealing Target for Trump, With High Risks
ByAnton Troianovski, Rebecca F. Elliott and Peter Eavis March 17, 2026March 19, 2026

A U.S. attack or a move to seize control of Iran’s main oil export hub could cripple the country’s ability to profit from its natural resources. But it would also risk sending energy prices even higher.

Read More Kharg Island Is an Appealing Target for Trump, With High Risks
China | internal-open-access-from-nl | International Relations | International Trade and World Market | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Middle East | Oil (Petroleum) and Gasoline | Ships and Shipping | Strait of Hormuz | Trump, Donald J | United States | United States International Relations | US and Israeli Attack on Iran (2026) | War and Armed Conflicts | Xi Jinping

Trump’s Threat to Delay Summit With Xi Casts New Shadow Over China Relations
ByRavi Mattu March 16, 2026March 17, 2026

President Trump warned that he could postpone a meeting set to begin in just over two weeks if China refuses to help reopen the Strait of Hormuz.

Read More Trump’s Threat to Delay Summit With Xi Casts New Shadow Over China Relations
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War in Iran Has Grounded Gulf Airlines Like Emirates
ByNiraj Chokshi March 15, 2026March 15, 2026

Emirates, Qatar Airways and Etihad Airways have become some of the world’s largest and most profitable thanks to their location at the center of busy travel routes.

Read More War in Iran Has Grounded Gulf Airlines Like Emirates
International Trade and World Market | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Kharg Island (Iran) | Oil (Petroleum) and Gasoline | Persian Gulf | Ships and Shipping | Strait of Hormuz | United States Defense and Military Forces | US and Israeli Attack on Iran (2026)

What to Know About Kharg Island, Iran’s Key Oil Hub
ByJohn Yoon March 14, 2026March 14, 2026

The Persian Gulf island, targeted by U.S. strikes, is home to Iran’s main oil export terminal. Any disruption could jolt global energy markets.

Read More What to Know About Kharg Island, Iran’s Key Oil Hub
International Energy Agency | International Trade and World Market | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Middle East | Natural Gas | Oil (Petroleum) and Gasoline | Persian Gulf | Qatar | Saudi Arabia | Ships and Shipping | Strait of Hormuz | United Arab Emirates | US and Israeli Attack on Iran (2026) | Yemen

Why Little Was Done to Head Off Oil’s Strait of Hormuz Problem
ByRebecca F. Elliott and Vivian Nereim March 14, 2026

Geography and regional rivalries have prevented Gulf countries from finding a true alternative to the strait, which the war with Iran has effectively shut down.

Read More Why Little Was Done to Head Off Oil’s Strait of Hormuz Problem
International Trade and World Market | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Kharg Island (Iran) | Oil (Petroleum) and Gasoline | Persian Gulf | Ships and Shipping | Strait of Hormuz | United States Defense and Military Forces | US and Israeli Attack on Iran (2026)

What to Know About Iran’s Kharg Island
ByJohn Yoon March 14, 2026March 14, 2026

The Persian Gulf island, targeted by U.S. strikes, is home to Iran’s main oil export terminal. Any disruption could jolt global energy markets.

Read More What to Know About Iran’s Kharg Island
Araghchi, Abbas | Caine, John Daniel (1968- ) | Canada | Carney, Mark J | Gahr Store, Jonas | Germany | Hegseth, Pete | International Trade and World Market | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Merz, Friedrich | Norway | Oil (Petroleum) and Gasoline | Russia | Ships and Shipping | Strait of Hormuz | Trump, Donald J | Ukraine | United States | United States Defense and Military Forces | United States International Relations | US and Israeli Attack on Iran (2026)

U.S. Vows to Block Iran’s Attempt to Shut Down Strait of Hormuz
ByHelene Cooper, Luke Broadwater and Thomas Fuller March 13, 2026March 13, 2026

Defense Secretary Pete Hegseth said that the disruptions in the Strait of Hormuz were “something we are dealing with.” And about 2,500 Marines were headed to the Middle East to bolster the war effort.

Read More U.S. Vows to Block Iran’s Attempt to Shut Down Strait of Hormuz
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Surging Energy Costs Put German Industry ‘Really in Danger’
ByEshe Nelson and Andreas Meichsner March 13, 2026March 13, 2026

Four years after the Russian invasion of Ukraine sent energy prices soaring, the war in Iran is posing another challenge to efforts to revive European factories.

Read More Surging Energy Costs Put German Industry ‘Really in Danger’
Bessent, Scott | Embargoes and Sanctions | Europe | International Trade and World Market | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Oil (Petroleum) and Gasoline | Russia | Russian Invasion of Ukraine (2022) | Treasury Department | Trump, Donald J | United States | United States Economy | United States International Relations | United States Politics and Government | US and Israeli Attack on Iran (2026)

Trump Removes Sanctions on Russia to Help Oil Flow Amid Iran Conflict
ByAlan Rappeport March 13, 2026

Treasury Secretary Scott Bessent said it was “unfortunate” that the move could benefit Russia, but maintained that it was only for the short term.

Read More Trump Removes Sanctions on Russia to Help Oil Flow Amid Iran Conflict