Oil – Page 6 – War Watch

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Iran threatens to escalate war after Trump says ‘many countries’ will send warships to strait of Hormuz
ByGuardian staff and agencies March 14, 2026March 14, 2026

US president calls on China, France, Japan and the UK to send vessels after US strikes Kharg Island oil facilitiesMiddle East crisis – live updatesIran threatened on Saturday to further escalate the war raging in the Middle East by targeting any facili…

Read More Iran threatens to escalate war after Trump says ‘many countries’ will send warships to strait of Hormuz
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Jimmy Kimmel on Trump being gifted an Olympic medal: ‘Yet another award he didn’t win’
ByGuardian staff March 13, 2026

Late-night hosts addressed Melania Trump’s women’s history month speech, Maga’s Iran messaging and the ongoing oil crisisOn Thursday night, late-night hosts discussed an odd White House women’s history month event, the fallout of the war on Iran and wh…

Read More Jimmy Kimmel on Trump being gifted an Olympic medal: ‘Yet another award he didn’t win’
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The Guardian view on the cost of Trump’s war on Iran: the world’s poor will pay most dearly | Editorial
ByEditorial March 12, 2026

The economic fallout of the US-Israeli assault and Tehran’s retaliation is spreading fast, and pushing the most vulnerable towards disasterSoaring prices at the pump, the scrapping of mortgage deals, and the prospect of higher prices for everything fro…

Read More The Guardian view on the cost of Trump’s war on Iran: the world’s poor will pay most dearly | Editorial
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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’
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If oil price shocks weren’t bad enough, Trump’s war could have other unintended consequences | Adam Hanieh
ByAdam Hanieh March 12, 2026

China consumes around 90% of Iran’s oil exports, so could be forced to rely on alternative suppliers – particularly RussiaWith the US-Israeli war against Iran in its second week, energy markets are in turmoil. On Thursday, the price of Brent Crude Oil …

Read More If oil price shocks weren’t bad enough, Trump’s war could have other unintended consequences | Adam Hanieh
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Iran war punctures Trump’s ‘drill, baby, drill’ promise on US gas prices, experts say
ByDharna Noor with graphics by Aliya Uteuova March 12, 2026

Fossil fuel supply is more vulnerable to global shocks than renewable power sources and efforts to boost efficienciesSign up for the Breaking News US email to get newsletter alerts in your inboxDonald Trump’s war on Iran has triggered shocks in fossil …

Read More Iran war punctures Trump’s ‘drill, baby, drill’ promise on US gas prices, experts say
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Fuel tankers burst into flames in Iraqi waters after suspected Iranian boat attacks – video
ByGuardian staff March 12, 2026

Iranian boats appear to have attacked two fuel tankers, which were seen ablaze after projectiles struck three vessels in Iraqi waters, port officials said. The ships targeted in late-night armed boat attacks in the Gulf near Iraq were the Marshall Isla…

Read More Fuel tankers burst into flames in Iraqi waters after suspected Iranian boat attacks – video
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US intelligence sees direct attacks by Iran on oil tankers as greater risk than mines
ByHugo Lowell in Washington March 11, 2026

Strait of Hormuz, key transit passage for global oil trade, has been effectively shut down by Islamic Revolutionary GuardSign up for the Breaking News US email to get newsletter alerts in your inboxUS intelligence reporting sees direct attacks by Iran …

Read More US intelligence sees direct attacks by Iran on oil tankers as greater risk than mines
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Iran escalates attacks on infrastructure and transport networks across the Gulf
ByJason Burke, Jerusalem March 11, 2026March 11, 2026

Iranian officials warn of ‘war of attrition’ and global economic chaos as energy supplies are throttledMiddle East crisis – live updatesIran dramatically escalated its strategy of striking civilian infrastructure and transport networks across the Gulf …

Read More Iran escalates attacks on infrastructure and transport networks across the Gulf
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Countries must seek energy independence through renewables and nuclear, says John Kerry
ByFiona Harvey Environment editor March 11, 2026

Former US secretary of state says oil shock driven by war in Iran highlights dangers of reliance on fossil fuelsMiddle East crisis live – latest updatesCountries must seek energy independence through renewable resources and nuclear energy for their nat…

Read More Countries must seek energy independence through renewables and nuclear, says John Kerry