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Oil price tops $126 a barrel after Trump warns Iran blockade could last ‘months’

Markets spooked as US president appears willing to keep up naval blockade and Iran keeps Hormuz strait all but shut Business live – latest updates The global oil price has soared above $126 a barrel

theguardian.com•April 30, 2026

UK faces biggest hit to growth from Iran war of major economies, IMF says

The energy shock from the Iran war will hit the UK the hardest of the world's advanced economies, the International Monetary Fund (IMF) has forecast. In its latest World Economic Outlook, the IMF cut

aol.com•April 16, 2026

Trump Humiliated as Ships Defy U.S. Navy Blockade

Donald Trump’s latest strategy to ramp up pressure on Iran has been dealt an embarrassing blow after several ships defied his blockade in the Strait of Hormuz. Multiple Iran-linked tankers—including

thedailybeast.com•April 15, 2026

From falling U.S. wealth to Indian factory closures, oil shock raises global recession risk

Why retail investors love Infy, HDFC Bank despite meagre returns Bold promises vs. hard proof: Indian IT faces an AI test this fiscal How a cozy club controls India’s gold imports Looking for a job

economictimes.indiatimes.com•April 8, 2026

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news.google.com•April 7, 2026

Blackrocktoppen varnar för global recession ”om oljepriset når 150 dollar”

Om oljepriset når 150 dollar kan det utlösa en global recession, säger Blackrockchefen Larry Fink till BBC.

omniekonomi.se•March 25, 2026

Oil at $150 will trigger global recession, says boss of financial giant BlackRock

If the price of oil hits $150 a barrel it will trigger a global recession, the boss of US financial giant BlackRock has told the BBC. Larry Fink, who leads the world's largest asset manager, said if

bbc.com•March 25, 2026