28 resultsfor “Gulf countries affected by Iran conflict”
Countries around the world have been forced to seek alternative supplies and implement austerity measures to keep their economies afloat. Despite the breakdown in direct engagement, diplomacy continues via indirect channels. Iran has sent “written
Gulf - **Fragile recovery:** Saudi Finance Minister Mohammed Al-Jadaan welcomes Iran reopening the Strait of Hormuz, but says the situation remains fragile. Some countries can restart production quickly, while others will need more time, depending
affect the UK more](https://www.theguardian.com/business/2026/apr/14/iran-war-global-recession-imf-uk-growth-forecasts-oil-prices?CMP=Share_iOSApp_Other) than any of the other G7 nations. Rachel Reeves, the chancellor, has said she is [“frustrated and angry”](https://www.theguardian.com/world/2026/apr/14/rachel-reeves-folly-us-going-to-war-iran-without-clear-exit-plan) that the US launched strikes without
Gulf by the Iran war](https://www.theguardian.com/world/2026/may/03/trump-says-iran-has-not-yet-paid-a-big-enough-price-as-he-reviews-new-peace-proposal) through the strait of Hormuz, and claimed his representatives were having “very positive” discussions with Iran. Trump wrote on his social media site that what he called
conflict. However, there are still major risks to a future escalation, says Patrick. “I find the American rhetoric repulsive. But it’s also quite dangerous, because it’s so apocalyptic and so repeated that
Gulf out through the [Strait of Hormuz](/news/2026/5/5/iran-war-whats-happening-on-day-67-as-hormuz-crisis-deepens) in an operation he called [Project Freedom](/news/2026/5/4/trumps-project-freedom-can-us-navy-guide-stuck-ships-out-of-hormuz), Iran said ships trying to use the strait without permission from the Islamic Revolutionary Guard Corps (IRGC) would
Gulf carriers](https://www.bbc.co.uk/news/articles/cn08x9lw0pzo), where a steep reduction in capacity has combined with high fuel prices to make tickets a lot more expensive. A flight from London to Melbourne in June now costs
affected nuclear facilities”. Iran has long maintained that its nuclear programme is for peaceful purposes and has demanded recognition of its sovereign right to enrich uranium. **Donald Trump has doubled down on his criticism