Oil – Page 9 – War Watch

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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
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Globalisation is under threat from Iran war – and Britain is uniquely vulnerable
ByJames Meadway March 5, 2026

Economic ripples from US-Israel attacks will soon become waves, engulfing everything from energy prices to foodIn retaliation for the US-Israeli missile attacks, Iran has launched what amounts to all-out economic warfare. Should the conflict continue e…

Read More Globalisation is under threat from Iran war – and Britain is uniquely vulnerable
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Will war in the Middle East trigger a global economic crisis? – The Latest
By March 4, 2026

Global oil and gas prices have spiked as the conflict in the Middle East halts energy exports from the region. The strait of Hormuz has been in effect closed since the war began, causing fears of a global economic crisis. About a fifth of the world’s o…

Read More Will war in the Middle East trigger a global economic crisis? – The Latest
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Could the Iran war spark a global economic crisis? – The Latest
By March 4, 2026

Global oil and gas prices have skyrocketed as war halts energy exports from the Middle East. The strait of Hormuz, a narrow passage of water that facilitates the shipping of about a fifth of the world’s oil, has been in effect closed since the regional…

Read More Could the Iran war spark a global economic crisis? – The Latest
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From petrol to groceries: how Middle East crisis is driving up prices
ByRory Carroll March 4, 2026

Global supply chains are disrupted and prices are rising across sectors amid warnings worse is to come if conflict persistsMiddle East crisis live – latest updatesWhat we know on day five of the Iran warThe conflict in the Middle East has disrupted glo…

Read More From petrol to groceries: how Middle East crisis is driving up prices
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Middle East conflict offers economic lifeline to Russia’s flagging war machine
ByPjotr Sauer March 4, 2026

With much of the world’s oil supplies out of action, Russia could step in to meet demand in China and IndiaA prolonged energy crisis triggered by the widening war in the Middle East could offer an economic lifeline to Russia’s war machine at a moment w…

Read More Middle East conflict offers economic lifeline to Russia’s flagging war machine
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Iran has largely halted oil and gas exports through strait of Hormuz
ByDan Sabbagh Defence and security editor March 3, 2026

At least four tankers have been struck by drones and maritime traffic has dropped by 80%, reports sayIran has effectively closed the strait of Hormuz to oil and gas exports for the past four days with a mixture of drone strikes and fear that has halted…

Read More Iran has largely halted oil and gas exports through strait of Hormuz
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UK borrowing costs jump again on fears Iran conflict will curb growth
ByPhillip Inman March 3, 2026

Investors suspect rising oil and gas costs will stoke inflation and delay cuts in interest ratesUK borrowing costs jumped for a second day on Tuesday as the potentially damaging effects of the Iran conflict spooked investors concerned that growth will …

Read More UK borrowing costs jump again on fears Iran conflict will curb growth