Oil prices are once again approaching the $100 mark, reversing much of the sharp decline seen earlier in the week. On Wednesday, Brent crude briefly fell to around $91, but
Diesel tops 190p as oil prices remain elevated
UK fuel prices have continued to climb, with diesel now exceeding 190p per litre as higher oil costs feed through to consumers.
Oil plunges below $100 as ceasefire eases market tensions
Oil prices tumbled sharply after Donald Trump and Iran agreed to a two-week ceasefire, pausing more than a month of conflict and allowing the reopening of the Strait of Hormuz.
FTSE slips as markets brace for Trump’s Iran deadline
Britain’s FTSE 100 edged lower on Tuesday as investors positioned cautiously ahead of a key deadline set by Donald Trump in the Iran conflict.
Gulf states consider pipeline network to bypass Strait of Hormuz
The sustained closure of the Strait of Hormuz, now extending beyond four weeks, represents a critical inflexion point for global energy markets and geopolitical strategy. With more than 20 million