Fuel Price Drop May Be Short-Lived as Oil Surges on Middle East Tensions
Global Markets Slide as Israel-Iran Tensions Rattle Investors
Markets are bracing for a sharp downturn at the open amid escalating tensions in the Middle East, with a 43-point (0.5%) fall now predicted for the FTSE 100. The decline
Oil Prices Spike as Israeli Strikes in Iran Spark Fears of Wider Conflict
Oil prices surged on Friday after Israel launched a series of strikes in Iran, killing the country’s top military commander and fuelling fears of a broader conflict in the Middle
Oil Prices Jump Amid Reports of Potential Israeli Strike on Iran
Oil prices climbed sharply following reports that Israel is preparing to target Iranian nuclear sites, raising concerns over regional stability and jeopardising ongoing nuclear negotiations led by Donald Trump.
Mercedes-Benz warns that its 2025 profits will be ‘significantly’ lower.
Mercedes-Benz has announced a cost-cutting initiative after profits fell by nearly a third, driven by a slowdown in its electric vehicle (EV) business.
Russian ruble continues to decline against the dollar
The Russian ruble extended its decline today, losing a quarter of its value since August. It now takes more than 113 rubles to purchase one U.S. dollar.
Gold demand has surpassed $100 billion (£77 billion) for the first time.
Gold demand has surpassed $100 billion (£77 billion) for the first time as investors flock to this safe-haven asset ahead of the U.S. election.
Gold reaches a record high amid market expectations of a Trump election victory
Gold surged to a new record high as investors turned to the safe-haven asset amid growing market speculation that Donald Trump would win the U.S. election. The price of bullion
Goldman Sachs predicts that oil prices will drop below $80 per barrel.
Goldman Sachs has cut the outlook for oil prices to below $80 a barrel amid expectations of a surplus next year.
Oil prices have dropped to nearly their lowest point of the year.
Oil prices have dropped close to their lowest levels this year, driven by growing optimism over a potential ceasefire proposal in Gaza, which could help ease tensions in the Middle
Gold remained in record-breaking territory on Monday.
Gold remained in record-breaking territory on Monday morning, holding above the $2,500 per ounce mark, which it reached for the first time late last week.
Rouble Falls to Three-Month Low Following Ukraine Attack
The rouble fell to its lowest level since late May after Kyiv launched its largest incursion into Russian territory since the war began in 2022.