13 resultsfor “oil companies profits during Middle East crisis”
crisis could cost world $1tn while oil firms make ‘obscene’ profit, analysis finds The Middle East oil and gas crunch will impose as much as a trillion dollars of additional costs on the global economy
Middle East, coupled with unpredictable climate and extreme weather, all [impacting on our ability to produce food](https://www.theguardian.com/environment/2025/dec/04/record-heat-drought-2025-cost-uk-arable-farmers-estimated-800m-climate-crisis-grain-harvest/).” The answer, suggested McCarthy, will not be more fossil fuels, but taxing [those that have
Middle East war. Amid sharp price rises in oil and gas since the US and Israel’s attack on Iran in February, Oslo has also given its approval for oil and gas companies to explore
profitable routes and focus on flights to and from its hub airports in Frankfurt and Munich, which could save approximately 40,000 tonnes of jet fuel. The German company previously said it would ground
Middle East. So what impact might that have on our summer holidays - and what could be done about it? The Gulf region produces far more jet fuel than it requires for its own purposes
oil crisis. “These agreements are to the benefit of both of our people. For Australians, it will mean we are less vulnerable to global shocks like we are seeing right now because of conflict
company downgraded its profit outlook after global demand for its cochlear implants, designed to help people with hearing loss, weakened amid deteriorating consumer sentiment. [Sign up for the Breaking News Australia email](https://www.theguardian.com/email-newsletters?CMP=copyembed&CMP=emailbutton)
crisis live: US and Iran in blockade stalemate as Washington’s navy secretary leaves office ‘immediately’ Welcome to our live coverage of events in the Middle East. Iran has seized two ships in the strait
profit this year”. Tim Moore, S&P Global’s economics director, said the rise in costs was “overwhelmingly linked to greater transportation bills and increased salary payments”. “A number of firms also noted that they
profit each month. “Residents eat lunch together every day, so we see each other’s faces, talk together,” says Jeon Joo-young, the village chief. “Bonds and solidarity between residents become much stronger. Life becomes
company Maersk said the Alliance Fairfax – a US-flagged vehicle carrier – exited the Gulf. Shipping [industry experts remain skeptical](https://www.theguardian.com/business/2026/may/04/strait-of-hormuz-donald-trump-us-navy-iran-shipping) about whether vessels will be able to travel safely to and from
Middle East situation.”  James Hipkins, managing director of Emery’s Builders Merchants in Stoke-on-Trent, says his firm has posted an annual loss
East conflict. 3. ***UK news***| A British crew member who became ill after a suspected outbreak of hantavirus on luxury cruise ship the MV Hondius [is to be medically evacuated](https://www.theguardian.com/world/2026/may/05/british-crew-member-dutch-mv-hondius-cruise-ship-hantavirus-cases), officials have