‘Terrifying’: Iran threatens $200 oil price if US-Israel strikes continue March 9, 2026 A spokesman for the Iranian military has given a chilling warning that the cost of a barrel of oil could rocket to $200 if the war with Israel and the US continues. The price of oil has continued to surge amid escalating tensions in the Middle East, which have triggered strikes on production sites and [...]
Whether Trump is right or wrong, peace with Iran was never on the table March 9, 2026 Donald Trump seems to have no idea whether his war with Iran is about nuclear capabilities or regime change, but what’s certain is that the brutal theocracy is a threat to Britain, says Eliot Wilson “War, what is it good for?” asked Edwin Starr. He answered his own question: “absolutely nothing”. There are shareholders of [...]
Rolls-Royce shares slide as FTSE 100 plunges amid Iran war March 9, 2026 A dramatic stock plummet from blue-chip giant Rolls-Royce helped drag the FTSE 100 deeper into the red on Monday morning as fears surrounding the economic impact of the Iran war ramped up. Shares in the aerospace giant were down as much as five per cent at open, before clawing back some gains to a three [...]
Global markets warned of ‘biggest energy crisis’ in modern history after oil surge March 9, 2026 Global economies are facing warnings over what could the “biggest energy crisis” in modern history after the price of oil breached the $100 mark for the first time since the energy crisis in 2022. Brent crude, the international benchmark for oil, surged over 25 per cent to highs of $118 per barrel as the week’s [...]
G7 ministers to discuss joint release of emergency oil reserves March 9, 2026 G7 finance ministers are set to discuss a possible joint release of petroleum from reserves coordinated by the International Energy Agency in an emergency meeting on Monday, as they look to tackle surging oil prices amid the conflict in the Gulf. Ministers will hold a call with International Energy Agency’s (IEA) executive director Faith Birol [...]
FTSE 100 Live: US stocks sink on open; Iran warns oil price could hit $200 March 9, 2026 Good morning and welcome back to the City AM liveblog. The chaos in global markets of last following the breakout of conflict in the Middle East is poised to continue as tensions in the Gulf showed no sign of slowing down over the weekend. The price of oil notched its highest gains in a single [...]
Iran war: Oil prices could reach $150 a barrel March 8, 2026 Oil prices could reach $150 (£112) by the end of the month if the severe disruption to the Strait of Hormuz is not eased, Goldman Sachs has warned. The bank said it will revise its oil price forecast soon unless it sees evidence that transit through the crucial shipping route is beginning to return to [...]
Israel expands strikes on Iranian oil as Trump hits out at Starmer March 8, 2026 Israel expanded its attacks on Iranian oil facilities as President Trump hit out at the Prime Minister, telling Keir Starmer he doesn’t need the UK’s military support. The boss of Iran’s oil distribution company told state TV five sites were “damaged” but that the fires have been brought under control. The chief executive of the [...]
Iran war: From fuel to food, what could get more expensive? March 6, 2026 Amid fears the war in Iran could “bring down” the world’s economies, experts have warned the conflict could have wide-ranging impacts which reach into the households of everyday consumers. The Middle East plays a central role in global energy supplies and shipping routes, and consumer industries have warned the knock-on effects of the conflict could [...]
Fish and chip shops under threat as Iran war spikes energy prices March 6, 2026 Britain’s beloved fish and chip shops could go under as they brace for the boom in energy and import costs caused by the Iran war, an industry leader has warned. Andrew Crook, president of the National Federation of Fish Friers (NFFF), told City AM chippie owners across the country are expecting the conflict to add [...]