Oil prices tumbled and stocks rebounded after Donald Trump signalled progress in talks with Iran.
Fuel costs surge as drivers face expensive Easter
UK drivers are facing another hit at the pumps, with fuel prices climbing sharply amid ongoing tensions in the Middle East.
London stocks tumble as energy shock hits markets
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.
UK fuel prices rise for drivers as oil price could climb to $200 a barrel
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.
Iran Warns Gulf Targets Could Be Hit After Kharg Island Attack
The United States carried out a major overnight operation against Iranian military assets on Kharg Island, striking more than 90 targets in a large-scale precision attack.
Trump Pledges Move to Reopen Strait of Hormuz
The United States has initiated a significant military deployment to the Middle East, dispatching the USS Tripoli carrier group with 5,000 sailors and the 31st Marine Expeditionary Unit to address
Requests for US naval escorts in Strait of Hormuz rejected
The United States Navy has reportedly declined repeated requests from shipping companies for military escorts through the Strait of Hormuz.
Questions raised over US naval escort claims in Strait of Hormuz
Markets were briefly rattled after Chris Wright posted and then deleted a message claiming the United States Navy had escorted an oil tanker through the Strait of Hormuz.
Trump threatens Iran with ‘death, fire and fury’ if the Strait of Hormuz is blocked
Markets were lifted after Donald Trump warned Iran it would face “death, fire and fury” if it attempted to block the Strait of Hormuz, one of the world’s most important
UK left with just two days of gas as Middle East flows falter
Britain faces an acute energy security crisis as gas reserves have plummeted to critically low levels, creating unprecedented vulnerability to external supply disruptions. According to data released by National Gas,
Oil & Gas Prices Edged Higher Again In Early Trading
Oil prices are heading for their largest monthly rise in four years, raising concerns that a fresh surge in energy costs could reignite inflation and weigh on global economic growth.