UK inflation rate remained at 3% in February

The speed of price rises in the UK has stayed the same, according to data which was collected before the US-Israel war with Iran began.

Here’s the latest.

By Francesca Regalado, Eric Schmitt, Elian Peltier and Adam Rasgon

The Oil Supply Crunch Is Spreading From the Gulf to the Rest of the World - WSJ

The Oil Supply Crunch Is Spreading From the Gulf to the Rest of the World  WSJ

UK inflation held steady at 3% in February

Figure comes as Middle East war has triggered a surge in energy prices

UK inflation held at 3% before global energy price hit from Iran war

February annual rate in line with analysts’ expectations but outlook has shifted because of effects of conflict The UK inflation rate was unchanged at 3% in February, before Donald Trump’s Iran war drove up global energy costs, threatening a renewed price jump. Official figures showed the consumer prices index (CPI) remained at 3%, in line with economists’ expectations but still well above the government’s 2% target. Continue reading...

By Heather Stewart Economics editor

From Pakistan to Egypt, Iran war drives up fuel prices in the Global South

Developing economies in Asia, Africa, and the Middle East are bearing the brunt of surging energy costs.

Oil price rises as Middle East attacks continue - The Times

Oil price rises as Middle East attacks continue  The Times

Approximately 1,000 US soldiers preparing to deploy to the Middle East to be available for Iran operations - CNN

Approximately 1,000 US soldiers preparing to deploy to the Middle East to be available for Iran operations  CNN

South Korea braces for 'worst-case scenarios' as Iran oil shock deepens

South Korean Prime Minister Kim Min-seok warned the government must prepare for "worst-case scenarios" stemming from the Middle East conflict.

China calls for US-Iran talks as war upends Gulf states’ global ties

China’s top diplomat, Wang Yi, encouraged his Iranian counterpart to pursue negotiations with the United States as conflict in the Middle East threatens to enter a second month. “Talking is better than fighting,” Wang told Abbas Araghchi by phone on Tuesday, according to the Chinese foreign ministry. “All parties should seize every opportunity to begin the peace process as soon as possible.” Confusion surrounds the status of peace talks, as Iran has derided a reported US 15-point ceasefire pl...

By Neil Denslow,Raymond Ma

US proposes 15-point plan as Iran opens Hormuz to 'non-hostile' oil vessels

Donald Trump said Tuesday he had sent a peace plan to Iran, expressing cautious optimism about ending nearly a month of war even as fresh violence underscored the fragility of the moment. In a potential sign of de-escalation, Tehran announced it would allow “non-hostile” vessels to pass through the strategically vital Strait of Hormuz, a key artery for global oil supplies.

By FRANCE 24

A bad Treasury auction is offering a glimpse into the anxiety on Wall Street over the Iran war

Wall Street jitters about the Iran war spilled over Tuesday into a vital part of U.S. financial markets that typically hum along without a hitch.

By Joy Wiltermuth

What to know about Trump’s 15-point plan to end the Iran war

Trump has outlined a pathway to de-escalation in the Middle East

By Jon Gambrell,Lee Keath and Munir Ahmed

US offers plan for a ceasefire but Iran's military says Washington is in no position to negotiate

Iran war impact: Philippines declares energy emergency with only 40 days of fuel remaining

The Philippines has declared a national energy emergency due to escalating Middle East conflict, fearing imminent danger to fuel supplies. President Marcos Jr. warned of potential flight groundings and industry rationing. The government is empowered to enforce conservation, fast-track procurement, and provide commuter relief. This move highlights the nation's vulnerability to global oil disruptions.

By TOI WORLD DESK

Taiwan wary that China could exploit US distraction over Middle East war - The Straits Times

Taiwan wary that China could exploit US distraction over Middle East war  The Straits Times

The Oil Supply Crunch Is Spreading From the Gulf to the Rest of the World

Unless peace talks pan out fast, traders say high prices for specific Mideast crude cargoes will soon cascade to the U.S. and elsewhere.

Asia looks to COVID-era playbook to tackle fuel crisis from Iran war

Asia is at the frontline of the fuel crisis, buying more than 80% of the crude that transits the Strait of Hormuz, which has been almost totally blocked by Iran since the war broke out in February.

Samsung chief sends support packages to Middle East staff amid tensions

Samsung Electronics Chairman Lee Jae-yong has sent gift packages worth about 5 million won ($3,500) to around 500 employees stationed in the Middle East, as regional tensions following the Iran conflict continue to weigh on expatriate staff, the company said Wednesday. The recipients include employees from Samsung affiliates working in the United Arab Emirates, Qatar and Saudi Arabia. Lee also delivered a video message of encouragement to workers remaining in the region. “I extend my deepest con

By The Korea Herald

What Happens If Oil Hits $150? BlackRock CEO Flags Risk Of Global Recession

Oil sits at the centre of the global economy. Therefore, at $150, there won't be a gradual adjustment, but a global shock.

War in the Persian Gulf means volatility in the global energy market

Japanese companies have long assumed a stable future energy supply. That assumption is no longer secure.

What do we know about Trump's 15-point plan for Iran?

As Israel threatens to take control of southern Lebanon, the Trump administration sends Iran a 15-point plan for ending hostilities.

Samsung sends gifts, message of support to employees in Middle East - Yonhap News Agency

Samsung sends gifts, message of support to employees in Middle East  Yonhap News Agency

Nasdaq, S&P, Dow futures gain on talks of U.S.-Iran peace plan

Israel pushes back against US 15-point plan for Iran

The administration of US President Donald Trump has sent Tehran a package of terms aimed at ending the conflict, according to Israel’s Channel 12. The report said the plan includes 15 points — 14 of which were presented — combining demands on Iran with possible incentives, including the lifting of sanctions. The US government has […]

By newsroom

Iran mocks 15-point ceasefire plan drawn up by Trump’s White House

A source told Associated Press that the plan was submitted to Iranian officials yesterday

Iran’s military rejects Trump’s talk of negotiation

Iran military's message to US President Donald Trump: 'Has the level of your inner struggle reached the stage of you negotiating with yourself?'

By Reuters

OIL PRICE WATCH as of March 25, 2026

Fuel prices continue to soar this week amid the war in the Middle East. The expected price increase on Tuesday was an additional P6.47 for gasoline, and P11.88 for diesel— mild when compared to the massive price surge in the week of March 17 to 23, wherein an additional P16.60 was added to every liter

By ggaviola

Middle East conflict delays auto exports to key market

Thailand's automotive industry is facing mounting pressure as the Israel-US war on Iran disrupts shipping routes through the Strait of Hormuz, delaying vehicle exports to the Middle East, says the Federation of Thai Industries (FTI).

Boots on the ground: Is US readying airborne troops for Iran war? - Khaleej Times

Boots on the ground: Is US readying airborne troops for Iran war?  Khaleej Times

Stocks rise, oil retreats on Mideast ceasefire reports

Brent crude sheds 5% to near $99 a barrel as reports of US peace proposal lift cautious hopes across global markets

By Reuters

US proposes 15-point plan as Iran opens Hormuz to 'non-hostile' oil vessels - The Daily Star

US proposes 15-point plan as Iran opens Hormuz to 'non-hostile' oil vessels  The Daily Star

New Details: US Pilot Suffered Shrapnel Wounds After 'Unkillable' F-35 Was Struck By Iran

New Details: US Pilot Suffered Shrapnel Wounds After 'Unkillable' F-35 Was Struck By Iran Very little is known about last week's incident which forced an 'unkillable' F-35 fighter jet to make an emergency landing at an airbase in the Middle East last week, amid reports it took on Iranian fire. Iranian state media said it was shot and successfully downed. Al Jazeera observed that "If true, this would be the first time during the war that an F-35, the cornerstone of Washington’s a...

By Tyler Durden

Iran war grounds 40,000 flights, sends fares up more than 70% - Nation Thailand

Iran war grounds 40,000 flights, sends fares up more than 70%  Nation Thailand

Crude tumbles, stocks rally on hopes for Iran war de-escalation

Oil prices tumble and stocks rally as reports of a US peace plan for Iran and open sea passage boost hopes for de-escalation in the Middle East. Read More: https://punchng.com/crude-tumbles-stocks-rally-on-hopes-for-iran-war-de-escalation/

By Punch Newspapers

Trump’s govt proposes 15-point plan to end Iran war – Reports

U.S. news outlet Axios, citing a source with knowledge of the matter, reported that U.S. special envoy Steve Witkoff told President Donald Trump that Iran had agreed on several key points, including giving up its stockpile of highly enriched uranium. The post Trump’s govt proposes 15-point plan to end Iran war – Reports appeared first on Vanguard News.

By Henry Oduah

War on Iran pushes up food, water, and fuel prices in India - Tehran Times

War on Iran pushes up food, water, and fuel prices in India  Tehran Times

Kenya Airways says Iran war has led to demand hike for its flights

Kenya Airways said on Monday demand for seats on its flights had jumped ​due to the effects of war ‌in the Middle East, with most of the gains coming from Europe, the U.S. and Asia.

By Abubakar Ibrahim