Fuel costs continue to rise across the UK, with diesel seeing the sharpest increases since the start of the Middle East conflict.
Fuel costs continue to rise across the UK, with diesel seeing the sharpest increases since the start of the Middle East conflict.
The escalating confrontation between the US and Iran has brought global markets to a pivotal moment, with risks extending far beyond geopolitics.
Oil prices tumbled and stocks rebounded after Donald Trump signalled progress in talks with Iran.
UK drivers are facing another hit at the pumps, with fuel prices climbing sharply amid ongoing tensions in the Middle East.
Iran has said the Strait of Hormuz remains open, but warned that access will be restricted for countries linked to its “enemies”.
Musk / Twitter
The conventional wisdom surrounding gold as a reliable hedge against economic uncertainty has been thoroughly tested and found wanting in recent weeks. Since the United States and Israel launched military
Saudi Arabia has warned it could take military action against Iran, raising fears of a further escalation in the conflict.
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
London shares fell sharply at the open as a renewed surge in oil and gas prices triggered a broader risk-off move across global markets.
Diesel and petrol prices climb higher
Iranian gas exports to Iraq were reportedly suspended on Wednesday following an attack on Iran’s Pars gas field, disrupting a key regional energy supply.