The International Energy Agency has called this the worst global energy disruption in history.
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Brent crude topped €100 a barrel after the Strait of Hormuz was closed. With no unified EU response from Brussels, capitals are opting for tax cuts, price caps or simply delaying concrete action.
G7 foreign ministers condemn Iran's attacks on global energy supplies, stressing the need to keep key shipping routes — including the Strait of Hormuz — secure. Follow live.
Donald Trump's Strait of Hormuz deadline for Iran raises concerns about attacks on energy in the Middle East. Grouped from 12 articles across 7 sources.
Telling PMI, consumer confidence and inflation updates, plus Denmark goes to the polls, Anglicans anoint first female leader
President Donald Trump said Monday that the U.S. and Iran had productive talks over the weekend about ending the war. Grouped from 4 articles across 3 sources.
US president’s 48-hour ultimatum to open Strait of Hormuz follows series of tit-for-tat strikes by Tehran