UK fuel prices have continued to climb, with diesel now exceeding 190p per litre as higher oil costs feed through to consumers.
Oil plunges below $100 as ceasefire eases market tensions
Oil prices tumbled sharply after Donald Trump and Iran agreed to a two-week ceasefire, pausing more than a month of conflict and allowing the reopening of the Strait of Hormuz.
FTSE slips as markets brace for Trump’s Iran deadline
Britain’s FTSE 100 edged lower on Tuesday as investors positioned cautiously ahead of a key deadline set by Donald Trump in the Iran conflict.
Gulf states consider pipeline network to bypass Strait of Hormuz
The sustained closure of the Strait of Hormuz, now extending beyond four weeks, represents a critical inflexion point for global energy markets and geopolitical strategy. With more than 20 million
Iran says Strait of Hormuz open — but not for its “enemies”
Iran has said the Strait of Hormuz remains open, but warned that access will be restricted for countries linked to its “enemies”.
UK borrowing costs rise three times faster than rest of Europe
The closure of the Strait of Hormuz by Iran’s Islamic Revolutionary Guard Corps represents the most significant disruption to global oil supplies in recent history. President Trump’s administration appears to
Share Talk Weekly Energy Sector News Round-Up, 3rd April 2022
What happens if Russia turns off gas to Germany? Germany has activated the first stage of an emergency plan to manage gas supplies in Europe’s largest economy in preparation for