Average UK mortgage rate tops 5% as lenders scurry to reprice loans amid Middle East crisis More than 500 lending products pulled in biggest single upheaval since Liz Truss’s mini-budget in 2022 The Guardian - UK · Mar 11
Oil isn’t just fuel: Iran conflict could disrupt markets for everything from plastics to fertilizers Tensions in the Middle East often trigger concerns about rising gasoline prices. But disruptions to oil supplies could affect much more than the cost of filling up a car. That’s because crude oil is not only burned as fuel. It is also the raw material for thousands of products that… The Conversation · Mar 11
Middle East War Pushes LPG And Energy Prices Higher, Challenging Consumers And Businesses Industry data shows U.S. propane prices rose roughly 9–10% in early March 2026, reaching their highest levels in months as traders adjusted to the potential for reduced Middle Eastern volume. International Business Times · Mar 11
Oil wars: West releases record 400 million barrels as Iran hits cargo ships in Strait of Hormuz Meanwhile Tehran threatens to target banks and financial centres in Middle East as Chancellor Rachel Reeves issues warning on inflation and interest rates Evening Standard · Mar 11
Rachel Reeves admits Middle East conflict ‘certainly not good’ for economy The Chancellor indicated the government could intervene on energy costs if the conflict spiralled The Independent UK · Mar 11
Middle East Travel Update: Which Countries' Airspace Remain Closed? Several countries in the Middle East are keeping their airspace closed as the conflict between the United States, Iran, and Israel continue. International Business Times · Mar 11
S&P Futures Waver as Middle East Conflict Uncertainty Persists, U.S. Inflation Data in Focus March S&P 500 E-Mini futures (ESH26) are trending down -0.09% this morning, swinging between gains and losses as uncertainty surrounding the Middle East conflict remains high, while investors await key U.S. inflation data. Barchart · Mar 11
MP warns of ‘blatant profiteering’ among home heating oil suppliers Sudden volatility in the global oil trade due to Middle East disruption has caused prices to immediately soar. Evening Standard · Mar 11
Why Japan keeps the world’s third-largest strategic Oil reserve As global energy markets face unexpected imbalance due to the Middle East rising tensions, Japan prepares to release oil to maintain surging costs. Holding the third-largest strategic reserve globally, as stated by the International Energy Agency (IEA), Japan's massive 254-day buffer serves as a critical shield against supply shocks. While… The Times of India · Mar 11
LIV Golf CEO Scott O’Neil on how stuck golfers got out of a besieged Gulf: ‘Precise planning, excellent resources and tremendous leadership’ Several golfers were stuck in the Middle East due to the Iran war; Jon Rahm’s private jet helped get them to Hong Kong. Fortune · Mar 11
Hasty redeployment of US missiles from South Korea to Middle East leaves Seoul rattled South Korea’s president has sought to reassure the public that the country is able to deter threats from the North The Guardian - AU · Mar 11
‘If I go home, we don’t have enough money’: the low-paid Filipino workers caught up in the war on Iran Filipino carer Mary Ann De Vera was the first victim of the war in Israel, while thousands of others remain in vulnerable positions across the Middle East The Guardian - UK · Mar 11
ASX edges higher on hopes of record oil reserve release Volatile oil prices continue to dictate stock market sentiment with the local bourse trading higher on hopes tapping reserves could shore up crude supply. AAP · Mar 11
Trump’s special envoy to the Middle East has no idea how or when war with Iran will end: ‘I don’t know’ President Donald Trump said the war in Iran was ‘very complete’ a day before the U.S. sunk 16 Iranian mine-laying ships in the Strait of Hormuz The Independent UK · Mar 11
Bangkok Post · Mar 11 Asia airlines hike fares Airlines in Asia are raising ticket prices and mapping out contingency plans that include grounding planes as the escalating Middle East conflict threatens to trigger the worst oil shock since the 1970s.
Bangkok Post · Mar 11 Govt officials ordered to work from home, suspend overseas trips Caretaker Prime Minister Anutin Charnvirakul has ordered officials at government organisations and state enterprises to work from home and suspend overseas trips, as part of measures to cope with the Middle East war
Latin Times · Mar 10 Middle East War Could Trigger Another Venezuelan 'Feast of Plenty' Fueled by Oil Prices, Analyst Claims The war in the Middle East could deliver Venezuela another surge in oil revenues as global energy markets react to fears of supply disruptions, potentially repeating a cycle in which geopolitical crises drive higher crude prices and increased inflows of petrodollars.
The Guardian - AU · Mar 10 Morning Mail: Two more Iranians reportedly seek asylum, Labor alarm at PM’s war stance, mastering ‘green confetti’ Reports suggest two more members of the Iranian women’s football team have opted to stay; could the Middle East war derail Albanese?
International Business Times UK · Mar 10 Iran Threatens To 'Eliminate' Donald Trump In Chilling Assassination Warning That Sparks Global Alarm Iranian security chief Ali Larijani issues a chilling warning that Donald Trump could be 'eliminated', escalating already volatile US–Iran tensions rooted in the 2020 killing of Qasem Soleimani and raising global fears of a widening Middle East conflict.
International Business Times UK · Mar 10 Is Mojtaba Khamenei Alive? Netizens Think Iran's New Supreme Leader Is Already Dead The Middle East faces uncertainty as Iran's new Supreme Leader, Mojtaba Khamenei, remains absent, sparking rumors of his death.
The Independent UK · Mar 10 Iran war threatens Easter travel as BA cancels Middle East flights British Airways will also pause repatriation flights from Muscat, Oman due to ‘reduced demand’
Radio France Internationale · Mar 10 France says EU must obtain energy self-reliance through civilian nuclear power French President Emmanuel Macron has urged European countries to expand the use of civilian nuclear power to secure the continent’s energy independence, warning that the war in the Middle East has exposed Europe’s vulnerability.
The Independent UK · Mar 10 State Department allows up to $40M to be used for evacuation flights for Americans in Mideast The State Department has authorized the use of up to $40 million in emergency funds to pay for evacuation charter flights for Americans to leave the Middle East due to disruptions in transportation caused by the Iran war
Radio France Internationale · Mar 10 'War with no winners': Middle East crisis enters a dangerous new phase Even as Washington hints at a quick end to the war with Iran, analysts say Tehran is preparing for a longer strategic struggle.
The Independent UK · Mar 10 Warning for travellers as pilots to stage two-day strike this week Lufthansa pilots, represented by the VC union, will stage a two-day strike from Thursday over an ongoing dispute regarding pensions. The industrial action will affect Lufthansa Cargo AG and Lufthansa passenger flights departing from German airports from 12.01am on 12 March and 11:59pm on 13 March. Flights to specific countries…