Oil and gas companies – War Watch

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Aviation industry looks skywards as leaders fly in for Rio summit
ByGwyn Topham in Rio de Janeiro June 6, 2026

Oil tankers may be stuck behind strait of Hormuz, but holding the Iata AGM in Brazil defies warnings of impending shortagesNothing says jet fuel crisis, as one prospective attender put it, like flying everyone to Rio de Janeiro. Aviation leaders will c…

Read More Aviation industry looks skywards as leaders fly in for Rio summit
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Oil markets nearing ‘red zone’ as summer travel season nears, warns IEA chief
ByPatrick Wintour Diplomatic editor May 21, 2026

Surging demand, low reserves and reduced Middle East exports predicted to cause global crunch by AugustOil markets will enter the “red zone” by July and August as stocks dwindle before the summer travel season amid a shortage of fresh oil exports from …

Read More Oil markets nearing ‘red zone’ as summer travel season nears, warns IEA chief
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Oil prices fall as Trump says strait of Hormuz ‘open to all’ if Iran accepts deal
ByLauren Almeida May 6, 2026May 6, 2026

US president says war will end if Tehran agrees to deal, but that ‘bombing starts’ again if it does notOil prices fell and stock markets rose as Donald Trump said the war with Iran would end and the strait of Hormuz would be “open to all” if Tehran str…

Read More Oil prices fall as Trump says strait of Hormuz ‘open to all’ if Iran accepts deal
Ayatollah Ali Khamenei | Benjamin Netanyahu | Business | Commodities | Donald Trump | Energy industry | Gaza | 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 | Strait of Hormuz | US politics | US-Israel war on Iran | World news

Wednesday briefing: How Trump’s attempt to reopen to strait of Hormuz brought war closer again
ByPatrick Greenfield May 6, 2026

In today’s newsletter: The brief US effort to steer trapped vessels through the waterway put the fragile ceasefire under strainGood morning. Uncertainty once again reigns in the Middle East. The uneasy ceasefire between the US and Iran threatened …

Read More Wednesday briefing: How Trump’s attempt to reopen to strait of Hormuz brought war closer again
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Middle East crisis could cost world $1tn while oil firms make ‘obscene’ profit, analysis finds
ByJonathan Watts and Fiona Harvey in Santa Marta, Colombia April 28, 2026

Climate group calls for urgent windfall tax on excess fossil fuel profits, as delegates tell Colombia conference their nations are sufferingThe Middle East oil and gas crunch will impose as much as a trillion dollars of additional costs on the global e…

Read More Middle East crisis could cost world $1tn while oil firms make ‘obscene’ profit, analysis finds
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Trump claims US has total control over strait of Hormuz after Iran seizes two container ships
ByJulian Borger, senior international correspondent April 23, 2026April 24, 2026

US president says Tehran hobbled by infighting as Pentagon reportedly briefs mine clearance may take six monthsMiddle East crisis – live updatesDonald Trump has again said that the US has “total control over the strait of Hormuz”, adding that Iran’s le…

Read More Trump claims US has total control over strait of Hormuz after Iran seizes two container ships
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How could strait of Hormuz closure affect UK food and medicine supplies?
ByHelena Horton and Rachel Hall April 2, 2026

Effects of Iran’s blockade will depend on how long crisis lasts as disruption ripples through supply chainsMiddle East crisis – live updatesThe closure of the strait of Hormuz, the crucial oil and gas shipping route that has been blocked by Iran since …

Read More How could strait of Hormuz closure affect UK food and medicine supplies?
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A third inflationary shock in less than a decade is coming: who will pay the price this time around? | Aditya Chakrabortty
ByAditya Chakrabortty April 1, 2026

Brutal past experience has taught us that a cost of living crisis doesn’t affect us all the same, because we don’t all go into it with the same income or wealthPerhaps the most celebrated writer on oil markets is Daniel Yergin. His work has won a Pulit…

Read More A third inflationary shock in less than a decade is coming: who will pay the price this time around? | Aditya Chakrabortty
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Ella Baron on Donald Trump and the Iran war – cartoon
ByElla Baron March 22, 2026

Continue reading…

Read More Ella Baron on Donald Trump and the Iran war – cartoon
Ayatollah Ali Khamenei | Benjamin Netanyahu | Donald Trump | Gaza | 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 | Strait of Hormuz | US news | US-Israel war on Iran | World news

Trump tells Iran it has 48 hours to open Hormuz or US will ‘obliterate’ its power plants
ByGuardian staff and agencies March 22, 2026

US president threatens to take out Iranian energy facilities – ‘starting with the biggest one first’ – if Tehran does not reopen the straitDonald Trump has given Iran 48 hours to reopen the strait of Hormuz to shipping or face the destruction of its en…

Read More Trump tells Iran it has 48 hours to open Hormuz or US will ‘obliterate’ its power plants