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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 soonContinue

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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 AsiaContinue

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    ‘A big burden for farmers’: Gulf shipping crisis threatens food price shock

    ByJoanna Partridge March 5, 2026

    Iranian blockade of the strategic strait of Hormuz is hitting global fertiliser supply chainThe global fertiliser supply chain could face significant disruption if the effective closure by Iran of the strait of Hormuz persists, prompting concerns from …

    Read More ‘A big burden for farmers’: Gulf shipping crisis threatens food price shockContinue

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