65 resultsfor “impact of Iran conflict on shipping”
shipping. A White House official said on Wednesday that US President Donald Trump had asked US oil companies about ways to mitigate the impact of a potentially months-long siege of Iranian ports. The president
impacts, has been stymied by Trump, who has implemented a “drill, baby drill” approach to oil and gas extraction and has taken extraordinary measures, [even amid the Iran crisis](https://www.theguardian.com/us-news/2026/mar/23/trump-administration-wind-project-plan), to halt domestic
shipping route effectively closed and peace talks between the US and Iran failed. The IMF said: "Once again, the global economy is threatened with being thrown off course - this time by the outbreak
ship has the correct flag – everything else waits or gets rerouted. . Bessent claimed such actions “have disrupted tens of billions of dollars in revenue” and had helped to “rapidly” depreciate
ship, waiting for signs that the Titan submersible would surface. [She talks in detail for the first time about those harrowing four days](https://www.theguardian.com/world/2026/apr/25/my-husband-and-son-titan-submersible-christine-dawood-what-happened). ## **… or this: ‘I should not have wished
conflict.](/news/liveblog/2026/5/6/iran-war-live-trump-says-hormuz-operation-paused-amid-us-tehran-talks) The war has blocked hundreds of vessels, stranded thousands of people and brought roughly 20 percent of global oil trade to a virtual standstill. The incident shows that the situation remains dangerous
impacts of the conflict, the rights of the Iranian people continue to be stripped from them”. The head of Iran’s judiciary, Gholamhossein Mohseni Ejeai, has defended the executions, saying authorities would “not neglect
shipping lane that carried a fifth of global oil and gas, has sent oil prices soaring since the US and Israeli attacks on Iran began in February. Darren Jones, the chief secretary to the prime
shipping through the Strait of Hormuz, are jeopardising global food production. Reduced crop yields as a result of lower fertiliser use could lead to a bidding war for food, he warned. He urged European nations
shipping lane after hostilities ended, the United States has relied heavily on bases and military infrastructure across Germany throughout its campaign in Iran. Merz – a former senior adviser at BlackRock who has long been seen
impact of the crisis in the Middle East triggered by the US and Israel’s attacks on Iran. The chief executives of HSBC, [Barclays](https://www.theguardian.com/business/barclay), Lloyds, NatWest and Santander have been asked
Iran has caused severe disruption for airlines, featuring widespread cancellations, airspace closures and a looming [jet fuel crisis](/news/2026/4/16/jet-fuel-shortage-why-iran-war-could-ground-flights-in-europe). “35 percent of pharmaceuticals move by air, and about 90 percent of critical or life-saving
conflict with Iran has affected the domestic fortunes of the US president. But first, the headlines. ## Five big stories 1. ***UK politics*** | Keir Starmer was looking increasingly isolated over the Peter Mandelson scandal