Iran war

Business

BP profit quadruples as Iran war sends refining margins soaring

BP's net profit quadrupled between July and September as the Iran war sent refining margins and oil prices soaring, with the British energy giant beating forecasts and cutting its net debt by $8.4 billion (€7.5bn) ahead of a strategy update in December.

30 October 2026

Markets

Oil plunges over 6% as Iran diplomacy seemingly gathers pace

Brent crude fell more than 6% on Monday morning, retreating from its highest close since March, as regional mediators headed to Tehran and US President Donald Trump weighed a deal with Iran, while investors braced for a week packed with central bank decisions and earnings reports.

26 October 2026

Tech News

US designates helium as critical amid European supply squeeze

The US has declared helium a critical material as war in the Middle East and export curbs by Russia and China squeeze global supplies of a gas vital to chipmaking, leaving Europe scrambling to secure its share.

23 October 2026

United Arab Emirates

Oil spill hits UAE beaches as tanker attacks multiply near Hormuz

The UAE’s Ministry of Climate Change said teams were deployed to contain a spill affecting Umm Al Quwain’s beaches, days after a tanker was struck by a projectile off the UAE coast, causing a fire.

23 October 2026

Markets

Oil tops $114 as European shares fall and Kering tumbles

Rising energy prices added to inflation concerns as European shares fell and Kering tumbled on weak Gucci sales. An AI sell-off drove investors towards US bonds, while France’s borrowing costs remained above 5%.

23 October 2026

Iran

Gulf nations brace for possible return to all-out war

The volatility around the Israeli and US midterm elections is fueling fears of renewed US-Israeli strikes on Iran in a short and intensive military campaign to push Tehran into concessions, with Iran vowing a devastating response against the Gulf nations.

22 October 2026

Earth News

How switching to EVs has saved the EU almost €3bn since Iran war

“Every EV on the road reduces exposure to volatile oil markets, and as fleets grow – so does the protection against future supply shocks.”

22 October 2026

Qatar

Macron calls for extreme caution in Gulf, secures critical gas deal in Qatar state visit

French president concludes his state visit by reinforcing the strategic partnership with Qatar. He declares his Gulf tour objectives achieved after securing a crucial gas deal with Qatar as he seeks to lower tensions over living costs in France.

21 October 2026

Qatar

Qatar revamped defence system in six hours, intelligence chief says

At Doha’s Global Security Forum, Qatar’s head of intelligence revealed how the war with Iran forced the Gulf country to urgently redeploy its defensive assets, while the US ambassador to Turkey offered new insights into a fundamental shift in Washington's presence in the Middle East.

20 October 2026

Economy

German mortgage rates hit highest level since 2009

Mortgages in Germany are now at their most expensive since 2009, with the average rate on ten-year loans nearing 4.5%, according to broker Interhyp, as inflation fears stoked by the Iran war push up borrowing costs.

20 October 2026

Markets

Oil prices top $110 as traders weigh Middle East supply risks

The price of Brent crude remained at a five-month high as uncertainty over when energy supplies will return to normal amid the war with Iran keeps oil inflated.

20 October 2026

Europe News

Lavrov backs Iran after Trump says Russia doing 'little' for Tehran

Just hours after Trump publicly claimed Russia was doing “little” to help Iran, Moscow reaffirmed its full support for Tehran, with Foreign Minister Lavrov describing Iran's fight as a "just cause."

19 October 2026

Ecotech

Solar driveways and patios pop up across Europe. Are they worth it?

“Every sunny surface we put to work brings Europe closer to an energy system that is cheaper, more secure and owned by the people it serves.”

18 October 2026

Iran

Super tanker ablaze after striking mine in Strait of Hormuz: IRGC

The IRGC navy accused the tanker of having turned off its positioning and radar systems in an effort to evade detection.

17 October 2026

Azerbaijan

Azerbaijan engineers rare summit with in-conflict Middle East and Asian leaders

Israel and Iran have met for a rare “confidence-building measures” summit in Baku, with Azerbaijan saying it serves as “a connecting hub in the Eurasian space.”

15 October 2026

Europe Today

Jordan ‘becoming a safe gateway’, says investment minister

Jordan’s Investment Minister Tareq Abu Ghazaleh said his country had “shown all investors” that it has a “resilient economy”.

15 October 2026