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Global News @globalnewsblog posted an article in News
2026-03-03 10:00:11 ·

Oil and gas prices rise on new Iran threat to Gulf shipping

Oil and gas prices rise on new Iran threat to Gulf shippingOsmond ChiaandNick Edser,Business reportersGetty ImagesBrent crude prices increased by 3.2% to $80 a barrel while the price of gas surged by 30%.Stocks markets in Europe and Asia continued to fall as investors weighed the impact of the conflict on the financial markets and what it could mean for inflation and interest rates. The UK's...

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Global News @globalnewsblog posted an article in News
2026-03-02 22:00:31 ·

Watch: How the US-Israel war with Iran is jeopardising shipping

Watch: How the US-Israel war with Iran is jeopardising shippingThe Strait of Hormuz is a key artery for the movement of global energy supplies. BBC Verify's Ben Chu has been looking at what's been happening to marine traffic in the strait since the US-Israel war with Iran broke out - and examining the potential economic fallout. Produced by Jemimah HerdGraphics by Sally Nicholls39 minutes...

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