(c) Sky News 2026: Mark Kleinman blog | US bidder Tilray Brands snaps up BrewDog in bargain £40m swoop
Monday, 2 March 2026 16:25
(c) Sky News 2026: Mark Kleinman blog | US bidder Tilray Brands snaps up BrewDog in bargain £40m swoop
Local news content from CItiblog - read more at citiblog.co.uk
Oil and gas costs surge but some stocks defy war-focused sell-off
Oil and gas prices have seen dramatic lifts as financial markets give their first reaction to the war in the Middle East.
This war has massive implications for the world economy
There is nowhere else on the planet with quite as concentrated a supply of quite so much energy as the Arabian Gulf.
Will the cost of petrol in my car go up because of Middle East conflict?
Fresh conflict in the Middle East threatens to make the cost of petrol more expensive for motorists in the UK, experts have warned.
Oil prices spike as key shipping route disrupted by Iran attacks
Global oil prices have risen sharply after Iran's response to US and Israeli airstrikes disrupted shipping, raising the prospect of a new energy-led surge in inflation.
Ship tracking reveals tankers and millions of barrels of oil stuck in the Gulf
Sky's Data and Forensics team has been monitoring shipping through the Strait of Hormuz - a strategically vital waterway for Iran and other oil producers in the Middle East.
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