Oil – Page 4 – War Watch

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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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Trump’s ‘free flow of energy’ vow fails to restart shipping in strait of Hormuz
ByDaniel Boffey Chief reporter March 10, 2026

Only two vessels not linked to Iran or Russia have braved ‘chicken run’ since US president’s promise on FridayMiddle East crisis – live updatesOnly two vessels not linked to Iran or Russia have made the “chicken run” through the strait of Hormuz since …

Read More Trump’s ‘free flow of energy’ vow fails to restart shipping in strait of Hormuz
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The Guardian view on the Iran crisis exposing Britain’s energy vulnerability: clean power offers protection | Editorial
ByEditorial March 9, 2026

The war reveals Britain’s exposure to volatile fossil fuel prices. More North Sea drilling will not shield households, building domestic green energy willWhat should Britain do when war in the Middle East sends energy prices soaring? If the strait of H…

Read More The Guardian view on the Iran crisis exposing Britain’s energy vulnerability: clean power offers protection | Editorial
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How high could oil go, and what might the global economic fallout be?
ByRichard Partington Senior economics correspondent March 9, 2026

There is talk of crude surpassing its record high of 2008 with potentially dire effects for consumers and businessesFears over the global economy have been stoked by the oil price soaring past $100 a barrel as a result on the US-Israel war with Iran.Ec…

Read More How high could oil go, and what might the global economic fallout be?
Ayatollah Ali Khamenei | Benjamin Netanyahu | Business | Donald Trump | Gaza | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Middle East and north Africa | Nuclear weapons | Oil | Palestinian territories | Petrol prices | US news | US-Israel war on Iran | World news

Ben Jennings on Donald Trump, Iran and surging oil prices – cartoon
ByBen Jennings March 9, 2026

Continue reading…

Read More Ben Jennings on Donald Trump, Iran and surging oil prices – cartoon
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Lengthy US-Iran war would affect ‘lives and households of everybody’, says Starmer
ByPeter Walker Senior political correspondent March 9, 2026March 9, 2026

Ministers understood to be considering ways to mitigate rising energy bills as oil prices surpass $100 a barrelMiddle East crisis – live updatesUK politics live – latest updatesKeir Starmer has said that a long-term US-Iran war would affect the “lives …

Read More Lengthy US-Iran war would affect ‘lives and households of everybody’, says Starmer
Ayatollah Ali Khamenei | Benjamin Netanyahu | Business | Donald Trump | Energy industry | Gaza | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Middle East and north Africa | Nuclear weapons | Oil | Palestinian territories | Petrol prices | US-Israel war on Iran | World news

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
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 | Palestinian territories | Petrol prices | US news | US-Israel war on Iran

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