UK equities came under sustained pressure, with the FTSE 100 falling sharply as escalating tensions in the Iran conflict drove a surge in energy prices.
UK equities came under sustained pressure, with the FTSE 100 falling sharply as escalating tensions in the Iran conflict drove a surge in energy prices.
Oil prices pushed higher on renewed geopolitical tensions, with crude breaching $115 after Donald Trump escalated rhetoric over Iran.
Oil prices have risen to a three-week high as of 29 April 2026, supported by escalating tensions in the Middle East and the ongoing blockade of the Strait of Hormuz,
Oil prices rose on Monday after OPEC+, led by Saudi Arabia, announced a pause to planned production increases in the first quarter of 2026.
Goldman Sachs has warned that oil prices could plunge below $40 per barrel by late 2026 if a U.S.-led trade war triggers a global economic downturn and major producers ramp
BP shares have slumped to their lowest level since the pandemic, hit hard by a steep decline in oil prices.
Global oil demand growth is expected to slow as Donald Trump’s tariff war weighs on the global economy.
Gas prices are set to record a second straight weekly gain amid ongoing concerns about Russian supply disruptions.
Oil prices climbed further on Monday, with gains exceeding $1 per barrel following OPEC+’s decision to postpone its scheduled output increase by a month. The market now faces a pivotal
Oil prices surged over 3% today, pushing a barrel above $80 for the first time since August, as rising tensions in the Middle East fueled the increase.
Oil prices have continued to climb amid growing fears that Israel could target Iranian oil facilities.
Oil is on course for its strongest week in over a year, driven by escalating conflict in the Middle East, including Israeli airstrikes on Beirut, Lebanon.