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Aramco warns of oil market ‘catastrophe’ unless strait of Hormuz reopens soon
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 storage
How the Iran conflict could affect energy.. - source: The Guardian - 10.03.2026
Middle East crisis could push UK inflation back up to 3%, warns OBR
Government economic watchdog believes pressure on energy prices could push rate close to 3% by end of 2026
UK inflation could end the year higher than previously expected at 3% because of.. - source: The Guardian - 10.03.2026
Oil prices drop sharply after Trump moves to reassure markets over Iran war
US president describes conflict as ‘very complete’, but threatens further strikes after Iran says it won’t allow ‘one litre of oil’ to leave Middle East while war continues
Middle.. - source: The Guardian - 10.03.2026
G7 ready to take ‘necessary measures’ over economic impact of Iran war
Finance ministers monitoring situation but stop short of agreeing to release emergency oil reserves
How high could oil prices go – and what might the global economic fallout.. - source: The Guardian - 09.03.2026
How high could oil go, and what might the global economic fallout be?
There is talk of crude surpassing its record high of 2008 with potentially dire effects for consumers and businesses
Fears over the global economy have been stoked by the oil price soaring.. - source: The Guardian - 09.03.2026
Is the UK government prepared for oil price hikes? – podcast
Oil prices have already shot up thanks to the US-Israeli war in Iran. But what is the economic fallout likely to be? Will interest rates rise? What about inflation? Could the cost of borrowing.. - source: The Guardian - 09.03.2026
Stock markets plunge after oil surges over $100 a barrel – business live
Rolling coverage of the latest economic and financial news, with oil on track for its biggest daily jump since 2020
Iran war drives oil prices above $100 a barrel for first time since.. - source: The Guardian - 09.03.2026
Britain’s job market ‘floundering’ as companies remain cautious about hiring
Data shows labour market is still in a fragile position due to economic uncertainty, with few signs of recovery
Britain’s jobs market is “floundering” amid weak hiring demand, with.. - source: The Guardian - 09.03.2026
Iran war drives oil price above $100 a barrel for first time since 2022
Escalating military aggression in Middle East continues to wipe 20m barrels from market each day
Global oil prices have breached the $100 (£74) a barrel mark for the first time since 2022.. - source: The Guardian - 09.03.2026
Why an Iran war inflation shock could wreck global economic recovery
Central bankers and economists warn prolonged conflict could raise retail prices and rip up growth forecasts
Middle East crisis – live updates
An inflation shock triggered by the.. - source: The Guardian - 08.03.2026
Trump shouldn’t ease Russia sanctions – they are choking its economy
As the US waives its ban on India buying Putin’s oil for 30 days, Europe must bolster its own measures, such as stopping the flow of luxury cars
Donald Trump handed Vladimir Putin a.. - source: The Guardian - 07.03.2026
Investors are expecting Donald Trump to back down in the war with Iran – but what if he doesn’t?
Global markets have become inured to the US president’s posturing over the past year, but economists warn they may be ‘a little bit complacent’ in anticipating a short conflict in the.. - source: The Guardian - 07.03.2026
Iran war pushes oil price above $90 threatening rise in global inflation
Reports Kuwait was cutting output pushed up cost of barrel of Brent crude to highest weekly gain since pandemic began
The Iran conflict has driven the oil price past $90 a barrel to its.. - source: The Guardian - 06.03.2026
‘We’re powerless … and hoping nothing hits us’: trapped on a tanker as Iran war escalates
Seafarer tells of explosions in 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.. - source: The Guardian - 06.03.2026
Stock market falls resume as US-Israel war with Iran drives up oil and gas prices
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 updates
A market sell-off resumed on.. - source: The Guardian - 05.03.2026
‘It’s discrimination’: US Small Business Administration cuts off loans to immigrant entrepreneurs
Green card holders are now ineligible for loans through the SBA as agency carries out Trump’s ‘America First’ agenda
The US federal agency in charge of helping small businesses has.. - source: The Guardian - 05.03.2026
Globalisation is under threat from Iran war – and Britain is uniquely vulnerable
The economic ripples from the US-Israel attacks will soon become waves, engulfing everything from energy prices to food supplies
In retaliation for the US-Israeli missile attacks, Iran has.. - source: The Guardian - 05.03.2026
Rolling coverage of the latest economic and financial news
Middle East crisis live: Israel launches fresh strikes on Tehran; Iran claims to have targeted Kurdish groups in Iraq
The.. - source: The Guardian - 05.03.2026
‘A big burden for farmers’: Gulf shipping crisis threatens food price shock
Iranian blockade of the strategic strait of Hormuz is hitting global fertiliser supply chain
The global fertiliser supply chain could face significant disruption if the effective.. - source: The Guardian - 05.03.2026
How will war in the Middle East affect your finances?
The surge in energy prices could fuel higher inflation and raise interest rates, threatening a new UK cost of living crisis
War in Middle East ‘could wipe out growth in UK living.. - source: The Guardian - 04.03.2026