Economy

Cheaper commuting: the best ways to save on the costs of your travel to work

From railcards to route tweaks, here’s how to stop your daily train or car journey breaking the bank

Middle East war creating ‘largest supply disruption in the history of oil markets’

Vast release of emergency crude reserves fails to quell mounting fears about supply crunch, rattling markets

The Guardian view on the cost of Trump’s war on Iran: the world’s poor will pay most dearly

The economic fallout of the US-Israeli assault and Tehran’s retaliation is spreading fast, and pushing the most vulnerable towards disaster

Russia earned €6bn from fossil fuel exports since start of Iran war, data suggests

Figures from thinktank show Russia received extra €672m in revenues from oil, gas and coal during March so far

Oil Soars As 2 Oil Tankers Explode In Persian Gulf, Iraq’s Oil Ports Stop Operations

What's clear is that the Middle East conflict has sent macroeconomic uncertainty soaring across the world, despite the White House saying the surge in energy prices is temporary.

The two oil pipelines helping Saudi Arabia and UAE bypass the Strait of Hormuz

Saudi Arabia’s East-West pipeline and the UAE's Abu Dhabi Crude Oil Pipeline are thought to be able to help partially offset the Strait of Hormuz blockage.