April 22, 2026 4:54 PM

Iran war conflict could create systemic gas demand destruction, says top sector official

The natural gas demand destruction currently resulting from the Iran war, as governments implement measures to mitigate the crisis, risks becoming structural if the conflict persists, the head of the Gas Exporting Countries Forum said on Wednesday. Since the Middle East crisis began at the end of February, more than 500 million barrels of crude and condensate have been knocked out of the global market, according to Kpler data - the largest energy supply disruption in modern history. Countries ...

April 16, 2026 6:27 PM

Iran war exposes weakened state of Britain’s armed forces

The Iran war has left Britain's armed forces exposed, heaping pressure on Prime Minister Keir Starmer to act on his promises to invest in defence, after years of warnings from military bosses about the UK's shrinking capabilities. When a British military base in Cyprus was hit by a drone early on in the Iran conflict in March, Britain, whose navy was the largest in the world at the start of World War Two, took three weeks to deploy one warship to the eastern Mediterranean. France, Greece and I...

April 16, 2026 4:13 PM

Hopes for deal to end Iran war grow, but nuclear issues unresolved

Optimism grew on Thursday that the Iran war may be near an end, with a key Pakistani mediator having made a breakthrough on "sticky issues", a source said, although Iran warned the fate of its nuclear program had not been resolved. The United States and Pakistan have been talking up the prospects for a deal in the more than six-week war, with U.S. President Donald Trump saying the accord would open the crucial Strait of Hormuz, through which a fifth of the world's oil and gas supply flows. Clo...

April 13, 2026 8:32 PM

Iran war weighs on global economy as IMF meeting starts

Alarm over the impact of the Iran war on the global economy grew on Monday with more countries announcing emergency support measures to combat rising energy costs, while others appealed for international support. The conflict - the third major shock to hit the world's economy after the COVID pandemic and Russia's invasion of Ukraine - will dominate this week's gathering of finance officials at the International Monetary Fund in Washington. Any lingering hopes of an early restart to oil shipmen...

April 13, 2026 3:03 PM

China urges restraint over US blockade of Strait of Hormuz, backs talks

China urged calm and restraint by all sides on Monday, following U.S. President Donald Trump's threat to blockade the Strait of Hormuz after the failure of weekend talks in Islamabad aimed at ending the Iran war. Before the war, most Iranian oil exports were shipped to China, the top global importer of crude. Keeping the key Strait of Hormuz waterway safe, stable and unimpeded served the interest of the international community, foreign ministry spokesperson Guo Jiakun told a regular press conf...

April 10, 2026 3:17 PM

World Food Programme warns Lebanon facing food security crisis due to Iran war

Lebanon is facing a food security crisis as the Iran war disrupts supplies of goods inside the country, the United Nations World Food Programme said on Friday. A fragile two-week ceasefire between the U.S. and Iran showed further strain on Friday, a day before they are expected ​to negotiate in Pakistan, as Washington accused Tehran of breaching promises on the Strait of Hormuz and Israel struck Lebanon with attacks that Iran has ‌claimed violate the truce. "What we're witnessing is not ju...

April 9, 2026 9:28 AM

Trump criticizes NATO over Iran in meeting with alliance’s boss

U.S. President Donald Trump vented his frustration with NATO during a private meeting with its secretary-general, Mark Rutte, on Wednesday as relations in the military alliance reached a crisis point over the Iran war. "He is clearly disappointed with many NATO allies, and I can see his point," Rutte said on CNN's "The Lead with Jake Tapper," after spending more than two hours at the White House. "This was a very frank, very open discussion, but also a discussion between two good friends." Rut...

April 6, 2026 12:17 PM

How many people have been killed in the Iran war?

Thousands of people have been killed across the Middle East in the Iran war, which began when the U.S. and Israel struck Iran on February 28. Those strikes triggered Iranian attacks on Israel, U.S. bases and the Gulf states, while opening a new front in Lebanon. Here are the latest death tolls reported. IRAN U.S.-based rights group HRANA said 3,540 people have been killed since the war erupted. It said 1,616 of those were civilians, including at least 244 children. The group says its data co...

April 2, 2026 3:25 PM

Hopes dim for swift end to Iran war after Trump speech, oil prices surge

Hopes for a swift end to the Middle East war faded on Thursday after U.S. President Donald Trump vowed more aggressive strikes on Iran, sending oil prices back well over $100 a barrel in a blow to consumers around the world. Stocks slid and the dollar gained after Trump said military operations would be intensified without offering the timeline that investors had sought for ending hostilities against Iran. "We're going to hit them extremely hard over the next two to three weeks. We're going to...

April 1, 2026 3:37 PM

World markets rocket higher on optimism Iran war could end soon

Stocks soared, bonds rallied and the dollar wallowed on Wednesday, as hopes of a de-escalation in the Iran conflict fuelled the biggest rebound in regional equities in more than three years. Europe's STOXX 600 surged 2.3% in early trade - on track for its biggest daily jump in a year - as travel stocks rose about 4% and aerospace and defence stocks were 3.6% higher. German bund yields fell 7 basis points . MSCI's broadest index of Asia-Pacific shares outside Japan rose 4.7%, snapping a four-da...