International trade – War Watch

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Who are the Houthis – explained in 30 seconds
ByJonathan Yerushalmy March 30, 2026

Yemeni militant group is ally of Iran and has previously caused huge disruption to global trade through attacks on Red Sea shippingMiddle East crisis – live updates The Houthis are a militant group that emerged from a years-long civil war in Yemen as t…

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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 high
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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 soon
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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 explainer
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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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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 war
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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 Stewart
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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?
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?
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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 Palestine