Diesel and petrol prices climb higher
Oil and gas prices rise as attack hits Iranian energy sites
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.
BP and Shell Gain £5bn Windfall Amid Middle East Tensions
The geopolitical tensions surrounding the Strait of Hormuz have created a significant financial opportunity for two of Britain’s largest energy companies. Shell and BP are positioned to capture an additional
The Strait of Hormuz, helium supply, and the quiet strategic shift investors are starting to notice
For most investors, the Strait of Hormuz is associated almost exclusively with oil. Roughly a fifth of the world’s petroleum trade moves through that narrow channel between Iran and Oman,
Qatar LNG suspension drives sharpest gas price spike since 2022
Gas prices recorded their sharpest rise since the start of the Ukraine war after Qatar suspended liquefied natural gas production in the wake of an Iranian attack.
Hapag-Lloyd pauses tanker sailings amid Strait of Hormuz tensions
Global shipping group Hapag-Lloyd has suspended all tanker movements through the Strait of Hormuz, a critical maritime chokepoint that carries roughly one-fifth of the world’s oil and gas shipments.
BoE keeps rates on hold at 3.75% after narrow 5–4 decision
Oh wow indeed — that is a really close call from the Bank of England.
Bank of England cuts rates as UK economy stagnates
The Bank of England has cut interest rates in response to mounting signs of a prolonged slowdown in the labour market.
BoE ‘too slow’ on rate cuts as inflation retreats
The Bank of England risks falling behind the curve on interest rate cuts and may be forced to “play catch-up” next year if it delays action as inflation continues to
Easing inflation clears path for Bank of England rate cut
UK inflation fell by more than expected in November, strengthening the case for the Bank of England to cut interest rates this week, according to official data.
FTSE 100 closes higher as tech rebound lifts global markets
London stocks finished firmly higher on Wednesday, recovering from earlier losses as a rebound in technology shares and stronger-than-expected U.S. employment data boosted investor sentiment.
FTSE 100 set to open lower as global markets retreat
The FTSE 100 is expected to open sharply lower on Tuesday, with futures indicating a 40-point drop, as global equity markets extend their cautious tone.