FTSE 100 Live: Stocks boom as Trump signals end to Iran war; Starmer eyes closer ties to EU Markets Good morning and welcome back to the City AM liveblog. President Trump has made his clearest indication yet that the war in Iran might soon come to a close, saying the US will “leave” Iran in “two to three weeks” when they are certain the regime will not be able to build a nuclear weapon [...]
Oil surges again as industry faces ‘largest disruption in history of the market’ Energy The global energy body has warned the current oil crisis triggered by the war in the Middle East marks the “largest disruption” in history of the commodity’s market. The International Energy Agency (IEA) made a record intervention in the market on Wednesday, with the release of 400m barrels from the strategic reserves. But the move [...]
Green light given to class-action lawsuit over electricity costs energy Damages sought for consumers are in the hundreds of millions of pounds.