The escalating confrontation between the US and Iran has brought global markets to a pivotal moment, with risks extending far beyond geopolitics.
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.
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
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.
The collapse of nuclear negotiations between the United States and Iran in February 2026 represents a significant escalation in geopolitical tensions with profound implications for global markets, energy security, and
US forces have begun withdrawing from Ain al-Asad airbase in western Iraq, according to media reports.
Oil prices have surged to a six-month high following reports that Israel is preparing for possible attacks from Iran.
Oil recently hit its highest point in five months as Israel gears up for possible retaliatory actions from Iran following its attack on the Iranian embassy in Syria.
Oil recently hit its highest point in five months as Israel gears up for possible retaliatory actions from Iran following its attack on the Iranian embassy in Syria.
Isfahan blast occurred as a refinery fire broke out and a 5.9-magnitude earthquake hit.