Europe’s benchmark diesel contract has climbed above $200 a barrel for the first time since Russia’s invasion of Ukraine, as the Iran conflict shows little sign of easing.
Europe’s benchmark diesel contract has climbed above $200 a barrel for the first time since Russia’s invasion of Ukraine, as the Iran conflict shows little sign of easing.
The world is confronting an unprecedented energy crisis as geopolitical tensions in the Middle East threaten to eliminate substantial portions of the global oil supply. The ongoing conflict has already
US equities opened higher on Monday after Donald Trump signalled “serious discussions” with Iranian leaders.
Oil prices have climbed sharply, with Brent crude rising above $116 a barrel, its highest level in nearly two weeks, as the conflict in the Middle East intensifies.
UK fuel prices have surged again, with diesel reaching its highest level since Christmas 2022 amid the ongoing Iran-driven energy shock.
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.
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
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