The United Arab Emirates will leave OPEC, a decades-old cartel of the world’s top oil exporters, delivering a shock that will ripple through global oil markets at a time of unprecedented turmoil caused by the Iran war.

Countries face vastly different exposure to higher oil prices and supply uncertainty, shaped by whether they import or export, and how much policy space they have to respond

The Iran war risks causing food shortages as soaring fertiliser prices push more farmers to the brink, the World Bank has warned.

A worker collects engine oil as he works at a degassing station in Zubair oil field, whose operations have being reduced due to the Mideast war triggered by the U.S. and Israeli attacks on Iran, near Basra, Iraq, Saturday, March 28, 2026. Men work on the ...

Corn and soybeans ended slightly higher with a push from slightly higher crude oil and swirling Iran war headlines according to Chuck Shelby with Risk Management Commodities. “When you look at what may happen on Tuesday, the intensification of the war ...

The U.S.-Israeli war with Iran and the closure of the Strait of Hormuz have caused the biggest oil supply disruption on record by daily output lost, though at least one earlier shock had a greater cumulative impact,

Oil prices jumped after Iran proposed reopening the Strait of Hormuz if the US lifts its blockade and ends the war. President Donald Trump is reviewing the offer, while uncertainty keeps markets on edge.

Sinking AI stocks and another climb in oil prices because of the Iran war helped pull Wall Street off its record heights on Tuesday. The S&P 500 fell 0.5% from its latest all-time high. The Dow Jones Industrial Average dropped 25 points,