How the War in the Middle East Is Affecting Energy, Trade, and Finance

 

Credit Atta Kenare/Getty Images

 

Energy prices, supply chains, and financial markets are the main transmission channels, but the regional effects will vary significantly

March 30, 2026
 
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The world faces yet another shock. The war in the Middle East is upending lives and livelihoods in the region and beyond. It is also dimming the outlook for many economies that had only just shown signs of a sustained recovery from previous crises.

The shock is global, yet asymmetric. Energy importers are more exposed than exporters, poorer countries more than richer ones, and those with meager buffers more than those with ample reserves.

Beyond its painful human toll, the war has caused serious disruption to the economies of the most

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Gibraltar supplies nearly a third of Spain’s maritime fuel imports - Spanish press reports

 

 

 

GBC

|  30th March 2026, 20:42 |  Published by GBC News

Gibraltar supplied almost a third of Spain’s maritime fuel imports last year, according to figures reported by the Spanish press.

Data from Spain’s strategic petroleum reserves body, CORES, shows fuel imports from Gibraltar reached 1.89 million tonnes in 2025, accounting for just over 30 per cent of Spain’s total fuel oil imports.

The report by CORES shows Spain imported a total of 256 thousand tonnes of petrol products from Gibraltar in 2025.

Gibraltar was the second highest exported to Spain after Italy, according to the statistic.

The report by Europa Sur suggests Gibraltar has gone from being a marginal supplier in 2021 to one of Spain’s main external sources of marine fuel in just five years.

 

 

 

Trump wants to invade Iran to seize oil, calls US objectors ‘stupid people’

 

 

 

Al Jazeera

The Trump administration has deployed US Marines in preparation for the possible takeover of Iran’s key oil export hub.

United States President Donald Trump has said he wants to “take the oil in Iran” by seizing its export hub of Kharg Island, a plan being opposed in the US by “some stupid people”.

In an interview with the Financial Times newspaper, published on Sunday, Trump said his plans for Iran differed from those for Venezuela, where Washington intends to control the oil industry “indefinitely” following the abduction of its leader, Nicolas Maduro, in January.

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El motor más grande del mundo es el Wärtsilä-Sulzer RTA96C, con 25.480 litros de cilindrada, 27m de largo y consumo de 14 toneladas a la hora

Wärtsilä

Martín Jemes
|
18 Ene 2026

¿En qué momento pensaron que esto era necesario? Este motor es tan alto como un edificio de 5 pisos, desarrolla un par motor de 7 cifras (has leído bien) y, pese al disparate de consumo, su eficiencia supera a la de un motor de combustión interna convencional. Veamos sus titánicos datos y su razón de ser a continuación.

Wärtsilä-Sulzer RTA96C, el monstruoso corazón del titán

Resulta que la compañía filandesa Wärtsilä puso en servicio este basto motor en 2006 para dar vida al Emma Mærsk, un buque de carga de 397m de largo y que pesa 170.974 toneladas (sin contar carga).

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Qatar says Iran attack caused significant damage at Ras Laffan gas facility

 

 

 

AJ

Qatar declares the Iranian embassy’s military and security attaches as persona non grata after Ras Laffan attack.

dd Al Jazeera on Google

QatarEnergy's liquefied natural gas production facilities in Ras Laffan Industrial City [File: Reuters]

Published On 18 Mar 202618 Mar 2026

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Updated: 2 hours agoUpdated: 2 hours ago

Qatar has said Iranian missile attacks on the Ras Laffan Industrial City, the country’s main gas facility, have caused “significant damage”.

“The State of Qatar expresses its strong condemnation and denunciation of the blatant Iranian attack targeting Ras Laffan Industrial City, which caused fires resulting in significant damage to the facility,” Qatar’s Ministry of Foreign Affairs said in a statement on Wednesday.

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