World news | The Guardian2d ago
US considering occupying Kharg Island to force Iran to open Hormuz strait, say reports https://www.theguardian.com/world/2026/mar/20/us-considering-occupying-iran-kharg-island-hormuz-strait-trump #UsisraelWarOnIran #Iran #DonaldTrump #UsNews #WorldNews #MiddleEastAndNorthAfrica #Oil #OilAndGasCompanies #Commodities #Business #EnergyIndustry
US preparing to send three more warships and thousands more troops to Middle East

Move comes as Donald Trump calls Nato allies ‘cowards’ for not wanting to ‘help open’ strait of Hormuz

The Guardian
US news | The Guardian2d ago
Iran could be the US's Boer war: a hollow victory that marks the beginning of the end of empire | Larry Elliott https://www.theguardian.com/commentisfree/2026/mar/19/iran-us-boer-war-victory-empire-economy #UsisraelWarOnIran #Oil #OilAndGasCompanies #DonaldTrump #Iran #EconomicPolicy #WorldNews #UsNews #Business #MiddleEastAndNorthAfrica
Iran could be the US’s Boer war: a hollow victory that marks the beginning of the end of empire

US leaders anticipated a walkover. Now they’re embroiled in a conflict that could hasten the end of US economic dominance, says Guardian columnist Larry Elliott

The Guardian
World news | The Guardian3d ago
BP to sell German oil refinery as part of $20bn cost-cutting plan https://www.theguardian.com/business/2026/mar/19/bp-sell-german-oil-refinery-gelsenkirchen-klesch-group-london-hq #Bp #EnergyIndustry #Oil #OilAndGasCompanies #Business #UkNews
BP to sell German oil refinery as part of $20bn cost-cutting plan

Energy company plans full return to London by moving global HQ to new development on South Bank

The Guardian
Opinion | The Guardian US4d ago
Interest rates are not the tool to solve the inflation caused by the US’s war with Iran | Josh Ryan-Collins https://www.theguardian.com/commentisfree/2026/mar/18/raise-interest-rates-us-war-iran-price-controls-public-ownership #BankOfEngland #InterestRates #OilAndGasCompanies #UkCostOfLivingCrisis #Inflation #UsisraelWarOnIran #Business #Economics #UkNews #WorldNews
Interest rates are not the tool to solve the inflation caused by the US’s war with Iran

We’ve been here before with Covid and Ukraine. Making borrowing more expensive won’t work – only price controls, caps and public ownership can do that, says Josh Ryan-Collins, a professor at UCL

The Guardian
Climate crisis | The GuardianMar 13
Everything is a political weapon since Trump’s re-election, says Germany’s ex-economy minister https://www.theguardian.com/world/2026/mar/13/everything-is-a-political-weapon-since-trumps-re-election-says-germanys-ex-economy-minister #Germany #OilAndGasCompanies #Europe #EnergyIndustry #ClimateCrisis #RenewableEnergy #Russia #NordStream2Pipeline #Energy
Everything is a political weapon since Trump’s re-election, says Germany’s ex-economy minister

Robert Habeck says world has moved on from weaponising energy to using tariffs, technology and more to inflict harm

The Guardian
World news | The GuardianMar 12
Middle East war creating ‘largest supply disruption in the history of oil markets’ https://www.theguardian.com/business/2026/mar/12/middle-east-war-creating-largest-supply-disruption-in-the-history-of-oil-markets #Oil #Business #OilAndGasCompanies #EnergyIndustry #Commodities #Iran #UsNews #MiddleEastAndNorthAfrica #Israel #UsisraelWarOnIran
Middle East war creating ‘largest supply disruption in the history of oil markets’

Vast release of emergency crude reserves fails to quell mounting fears about supply crunch, rattling markets

The Guardian
World news | The GuardianMar 12
Shell CEO’s pay jumps 60% despite slump in oil firm’s profits https://www.theguardian.com/business/2026/mar/12/shell-ceo-pay-jumps-despite-slump-in-oil-firm-profits-wael-sawan #Shell #ExecutivePayAndBonuses #OilAndGasCompanies #Business #EnergyIndustry #Oil #UkNews #Europe #WorldNews #Commodities
Shell CEO’s pay jumps 60% despite slump in oil firm’s profits

Campaigners say people unlikely to ‘look favourably’ on package for Wael Sawan, which rose to £13.8m in 2025

The Guardian
World news | The GuardianMar 12
European drivers face €220 a year jump in fuel costs due to Iran conflict, say experts https://www.theguardian.com/money/2026/mar/12/european-drivers-fuel-costs-jump-iran-conflict #Motoring #Oil #PetrolPrices #Oil #OilAndGasCompanies #Business #Commodities #EnergyIndustry #Environment #Money #EuropeanUnion #UsisraelWarOnIran #WorldNews #FossilFuels #Europe #Energy
European drivers face €220 a year jump in fuel costs due to Iran conflict, say experts

Exclusive: Oil at $100 a barrel means higher prices in the EU and UK, making savings for those with electric vehicles even greater, analysts say

The Guardian
World news | The GuardianMar 11
Can the IEA put a lid on the price per barrel by releasing oil stockpiles? https://www.theguardian.com/business/2026/mar/11/iea-oil-reserves-stockpiles-release-price-per-barrel-analysis #Oil #Commodities #PetrolPrices #OilAndGasCompanies #EnergyIndustry #MiddleEastAndNorthAfrica #Business #UsisraelWarOnIran #Opec #GlobalEconomy #Economics #Iran
Will releasing millions of barrels of oil stockpiles really bring down fuel costs?

Despite rare act of multilateralism, there is no guarantee the IEA’s release of 400m barrels from reserves will depress prices

The Guardian
World news | The GuardianMar 10
Aramco warns of oil market ‘catastrophe’ unless strait of Hormuz reopens soon https://www.theguardian.com/business/2026/mar/10/aramco-warns-oil-market-catastrophe-strait-of-hormuz #Aramco #SaudiArabia #MiddleEastAndNorthAfrica #Business #EnergyIndustry #Oil #Commodities #WorldNews #UsisraelWarOnIran #Iran #SupplyChainCrisis #InternationalTrade #Economics #GlobalEconomy #OilAndGasCompanies
Aramco warns of oil market ‘catastrophe’ unless strait of Hormuz reopens soon

Saudi Arabian state oil firm calls crisis by far the biggest but company can reroute 70% of exports via its east-west pipeline

The Guardian