Oil – Page 10 – War Watch

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Why has the Iran war sparked fears of stagflation for the global economy?
ByLuca Ittimani March 9, 2026March 10, 2026

Conflict in the Middle East risks knocking growth worldwide and boosting prices, economists warn, amid global market turbulenceMiddle East crisis – live updatesOil prices surged on Monday, triggering a stark sell-off across some of the world’s leading …

Read More Why has the Iran war sparked fears of stagflation for the global economy?
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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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Tehran oil sites on fire as Iran exchanges strikes with Israel and US – video report
ByMiddle East and north Africa | The Guardian March 8, 2026

A huge column of fire and smoke could be seen rising from an oil depot in the Iranian capital in video shared on social media.Footage from central Tehran shows fires across the skyline as the US and Israel hit five oil facilities in overnight strikes i…

Read More Tehran oil sites on fire as Iran exchanges strikes with Israel and US – video report
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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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US considers lifting more sanctions on Russian oil as Iran conflict sees global prices surge
ByAgence France-Presse March 7, 2026

Washington says new measures not aimed at easing restrictions on Moscow and only affect supplies already in transitThe US treasury secretary, Scott Bessent, said on Friday that his government was considering lifting sanctions on more Russian oil, a day…

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Iran war pushes oil price above $90 threatening rise in global inflation
ByGraeme Wearden and Jillian Ambrose March 6, 2026

Reports Kuwait was cutting output pushed up cost of barrel of Brent crude to highest weekly gain since Covid pandemic beganThe Iran conflict has driven the oil price past $90 a barrel to its highest weekly gains since the Covid-19 pandemic six years ag…

Read More Iran war pushes oil price above $90 threatening rise in global inflation
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‘We’re powerless … and hoping nothing hits us’: trapped on a tanker as Iran war escalates
ByJillian Ambrose and Joanna Partridge March 6, 2026March 6, 2026

Seafarer tells of explosions in the sky as thousands stuck on vessels after strait of Hormuz is effectively closed to shipping• Maritime and port workers: how is the Middle East conflict affecting you?Thousands of seafarers are trapped on tankers in th…

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US grants waiver to allow India to buy Russian oil amid Iran war
ByReuters March 6, 2026March 6, 2026

‘Stopgap measure’ designed to keep oil flowing into global market as Middle East crisis disrupts crude shipmentsBusiness live – latest updatesThe US has temporarily allowed India to buy Russian oil currently stuck at sea in an effort to keep global sup…

Read More US grants waiver to allow India to buy Russian oil amid Iran war
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Stock market falls resume as US-Israel war with Iran drives up oil and gas prices
ByTom Knowles March 5, 2026

FTSE 100 and France’s CAC down 1.5%; Germany’s DAX and Italy’s FTSE MIB down 1.6%; the Dow Jones was down 2%Middle East crisis – live updatesA market sell-off resumed on both sides of the Atlantic on Thursday as fears mounted that there would be no qui…

Read More Stock market falls resume as US-Israel war with Iran drives up oil and gas prices
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Oil price continues to rise amid Middle East crisis but stock markets rebound across Asia
ByJulia Kollewe March 5, 2026

Reports of attack on US registered tanker in Gulf lifts crude by 3% to $84 a barrel as gas price also starts to climbBusiness live – latest updatesMiddle East crisis – live updatesStock markets have rebounded in Asia after days of heavy losses driven b…

Read More Oil price continues to rise amid Middle East crisis but stock markets rebound across Asia