Saudi Arabia’s oil export capacity faces significant disruption following escalating geopolitical tensions in the Middle East. The closure of the Strait of Hormuz, a critical conduit for approximately one fifth
FTSE 100 set for cautious open as oil holds near $100 and GDP looms
London stocks were set for a cautious start on Friday as oil prices hovered around $ 100 a barrel and investors awaited a busy run of economic data, including UK
UK shares poised to slip as $100 oil weighs on sentiment
London stocks were expected to open slightly lower on Thursday as oil prices climbed back above $100 a barrel and tensions in the Middle East continued to dominate market sentiment.
FTSE 100 set to rise as oil retreats and Iran war fears ease
London stocks were set to open higher on Tuesday as oil prices retreated and global equities recovered after comments from Donald Trump suggesting the conflict with Iran could be relatively
Brent crude, the international oil benchmark, climbed toward $120 a barrel
Oil prices surged as the conflict involving Iran entered its second week, raising fears of major disruptions to global energy supplies.
London stocks seen sharply lower as energy prices surge
London stocks were set to open lower on Monday as escalating conflict in the Middle East pushed energy prices sharply higher and triggered a global market sell-off.
Crude climbs sharply on fears of supply disruption from Iran conflict
Oil prices surged above $93 per barrel after fresh warnings that the conflict involving Iran could disrupt energy exports from the Gulf, raising fears of a new global inflation shock.
London markets slide to biggest weekly loss in almost a year
The FTSE 100 recorded its sharpest weekly decline in eleven months as escalating tensions in the Middle East weighed heavily on investor sentiment.
Could the price of a barrel of oil hit more than $150
Saad al-Kaabi has warned that the escalating conflict involving Iran could trigger a global energy crisis capable of “bringing down the economies of the world”.