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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
Will war in the Middle East trigger a global economic crisis? - The Latest
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.. - source: The Guardian - 04.03.2026
European Commission proposes ‘Buy EU’ plan to compete against China
Plan, which aims to preserve jobs in clean tech and low carbon sectors, could include UK if there is reciprocal market access
The European Commission has proposed a “Buy EU” plan to.. - source: The Guardian - 04.03.2026
Could the Iran war spark a global economic crisis? – The Latest
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.. - source: The Guardian - 04.03.2026
War in Middle East ‘could wipe out growth in UK living standards’
Rising oil and gas prices may affect increase of £300 a year for typical working-age households, says leading thinktank
The Middle East crisis could trigger an energy price shock that more.. - source: The Guardian - 04.03.2026
Rolling coverage of the latest economic and financial news
Reeves’s spring statement? The economy is great, don’t worry about the Middle East
Global stock markets tumble as Trump.. - source: The Guardian - 04.03.2026
Global stock markets tumble as Trump bid to avert oil crisis in strait of Hormuz fails to reassure
South Korea’s benchmark Kospi index leads Asian market sell-off, despite Donald Trump’s suggestion that US Navy could protect vessels moving through vital strait of Hormuz
Global.. - source: The Guardian - 04.03.2026
What will Rachel Reeves’s spring forecast mean for household finances?
The chancellor promised more money in people’s pockets, but the Iran crisis makes steeper inflation a pressing worry
Rachel Reeves used her spring statement to insist her economic.. - source: The Guardian - 03.03.2026
UK borrowing costs jump again on fears Iran conflict will curb growth
Investors fear rising oil and gas costs will stoke inflation and delay cuts in interest rates
UK borrowing costs jumped for a second day on Tuesday as the potentially damaging effects of.. - source: The Guardian - 03.03.2026
OBR raises UK unemployment estimates amid ‘worrying’ increase in young people out of work
Unemployment is now predicted to reach 5.3% this year, up from the previous forecast of 4.9%
Unemployment in the UK is set to peak this year at a higher rate than previously estimated, with.. - source: The Guardian - 03.03.2026
Reeves’s spring statement? The economy is great, don’t worry about the Middle East
With no spending or fiscal commitments to offer, the chancellor kept it short, sweet and just a little tin-eared
When your luck is out, your luck is out. Time to accept what the fates have.. - source: The Guardian - 03.03.2026
‘A viable alternative’: UN rapporteur outlines plan for redistributive global economy
Olivier De Schutter says ‘frivolous and destructive demands’ of ultra-rich restrict fight against inequality
The global economy must be reordered to ensure it serves ordinary people.. - source: The Guardian - 03.03.2026
Rolling coverage of the latest economic and financial news, including the UK’s spring forecast
Rachel Reeves’s plans could be hit by Middle East conflict, say economists
The oil.. - source: The Guardian - 03.03.2026
Rachel Reeves’s plans could be hit by Middle East conflict, say economists
Warning comes as OBR projections in the spring forecast are expected to show public finances moving in the right direction
Soaring global energy prices as a result of the widening Middle.. - source: The Guardian - 03.03.2026
Middle East crisis pushes up oil prices – and could drive inflation rises too
Effects of extended conflict between US and Iran could also lead to higher interest rates and hit economic growth
US-Israel war on Iran – live updates
The impact of the deadly and.. - source: The Guardian - 02.03.2026
Gas prices soar and oil jumps as Iran war pushes down global stock markets
QatarEnergy says it has halted production of liquefied natural gas after attacks on Ras Laffan and Mesaieed sites
Nils Pratley: A gas shock – not an oil shock – looks more.. - source: The Guardian - 02.03.2026
Maritime insurers cancel war risk cover in Gulf as Iran conflict disrupts shipping
Strait of Hormuz is effectively closed and vessels rerouted, sending some freight costs surging
Leading maritime insurers have cancelled war risk cover for vessels operating in the Gulf as.. - source: The Guardian - 02.03.2026