Oil and gas companies – War Watch

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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
Ayatollah Ali Khamenei | Benjamin Netanyahu | Donald Trump | Energy industry | Gaza | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Middle East and north Africa | Nuclear weapons | Oil and gas companies | Palestinian territories | Petrol prices | Strait of Hormuz | US news | US-Israel war on Iran | World news

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
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 | US news | US-Israel war on Iran | World news

Trump hints at wind down of war as US prepares to send more troops to Gulf
ByPeter Beaumont Senior international correspondent March 20, 2026March 21, 2026

Washington considers Kharg Island takeover as Donald Trump calls Nato allies ‘cowards’ for refusal to ‘help open’ strait of HormuzMiddle East crisis – live updatesDonald Trump said he was considering “winding down” military operations in the Middle Eas…

Read More Trump hints at wind down of war as US prepares to send more troops to Gulf
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Iran could be the US’s Boer war: a hollow victory that marks the beginning of the end of empire | Larry Elliott
ByLarry Elliott March 19, 2026

US leaders anticipated a walkover. Now they’re embroiled in a conflict that could hasten the end of US economic dominance Nobody gave the Boers a prayer when the war in South Africa began in 1899. It was farmers ranged against the might of the British …

Read More Iran could be the US’s Boer war: a hollow victory that marks the beginning of the end of empire | Larry Elliott
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Trump’s call for allied deployment to strait of Hormuz meets muted response
ByHannah Ellis-Petersen in Dubai March 15, 2026

UK and Japan among countries that are considering options but yet to commit warships to blockaded shipping routeMiddle East crisis – live updatesCountries including the UK, Japan, China and South Korea have said they are still considering their options…

Read More Trump’s call for allied deployment to strait of Hormuz meets muted response
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 | US news | US-Israel war on Iran

Middle East war creating ‘largest supply disruption in the history of oil markets’
ByJillian Ambrose and Callum Jones March 12, 2026

Vast release of emergency crude reserves fails to quell mounting fears about supply crunch, rattling marketsMiddle East crisis – live updatesOil markets are now facing the “largest supply disruption in history” as the war in Iran continues to block tan…

Read More Middle East war creating ‘largest supply disruption in the history of oil markets’