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A near-halt to shipping in strait of Hormuz and attacks on Middle East refineries are threatening supplies and stoking inflationNils Pratley: A gas shock – not an oil shock – looks more threateningUS-Israel war on Iran – live updatesIran has responded …
The narrow shipping route on Iran’s southern border carries one fifth of global seaborne crude oil, one fifth of LNG shipments and one third of the most widely used fertiliserGet our breaking news email, free app or daily news podcastDonald Trump’s att…
Effects of extended conflict between US and Iran could also lead to higher interest rates and hit economic growthBusiness live – latest updatesUS-Israel war on Iran – live updatesThe impact of the deadly and unpredictable conflict in the Middle East on…
QatarEnergy says it has halted production of liquefied natural gas after attacks on Ras Laffan and Mesaieed sitesBusiness live – latest updatesUS-Israel war on Iran – live updatesGas prices surged on Monday and oil rose sharply as an escalation in the …
Group says case far from over after being found liable for defamation and other claims brought by energy firmA North Dakota judge has said he will order Greenpeace to pay damages expected to total $345m in connection with protests against the Dakota Ac…
Rare clash off island’s coast comes amid oil embargo and heightened tensions between two countries The Cuban Interior Ministry has said that border guards killed four gunmen and wounded six more on a speedboat bearing a Florida registration off Cayo Fa…
Rare clash off island’s coast took place amid US oil embargo and heightened tensions between two countriesCuban forces killed four exiles and wounded six others who sailed into its waters onboard a Florida-registered speedboat and opened fire on a Cuba…
Traders appear to be hedging against worst-case scenario of a conflict between the two nations, analyst saysBusiness live – latest updatesOil prices have reached seven-month highs, as traders reacted to heightened tensions between the US and Iran ahead…
Donald Trump says deals ‘end our foolish dependence on foreign sources’, while Japanese PM hails enhanced economic securityJapan has drawn up plans for investments in US oil, gas and critical mineral projects worth about $36bn under the first wave of a…
Pentagon tracked sanctioned Veronica III from Caribbean Sea after it left Venezuela on day Maduro was capturedUS military forces boarded another sanctioned tanker in the Indian Ocean after tracking the vessel from the Caribbean Sea in an effort to targ…