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Oil prices are tumbling after President Donald Trump announced a Israel-Iran ceasefire agreement. Oil prices were already falling after Iran launched strikes on a US airbase in Qatar. Markets saw Iran ...
The FTSE 100 index is set to open about 0.4% higher, having lost 16.61 points or 0.2% at 8758.04 by last night’s close. On Wall Street, the S&P 500 index rose 1% and the Dow Jones Industrial Average ...
Key Takeaways Oil futures surged to a five-month high Monday morning after the U.S. struck Iranian nuclear facilities over the weekend but fell sharply later in the day amid optimism that an ...
The scale of any energy price rises, and the wider impact, will depend on the magnitude of what comes next in the conflict between Israel and Iran. But it does have the potential to be "a bad shock ...
The Iranian parliament has voted to close the Strait of Hormuz, although the final decision still lies with the country's top security officials.