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iran crisis

  • Rolls-Royce: FTSE 100 giant’s shares tumble amid market storm

    March 27, 2026

    Shares in City heavyweight Rolls-Royce sank on Friday morning as the firm got wrapped up in the market storm triggered by the ongoing conflict in the Middle East. The FTSE 100 giant’s stock slumped nearly three per cent in mid-morning trading, sending its price crashing to 2026 low of 1,116.77p. Over the last month, the [...]

  • FTSE 100 Live: OECD slashes UK growth prospects as inflation set to jump

    March 26, 2026

    Good morning and welcome back to the City AM liveblog. The White House’s Press Secretary has said the US is “very close” to meeting its objectives in the Iran war, though offered no specific timeline on when the conflict could come to a close. But Iran’s foreign minister has said the country has “no intention [...]

  • ‘Mortgage mayhem’: Banks’ rates soar past 5.5 per cent amid Iran war volatility

    March 25, 2026

    The UK mortgage market has been flipped upside down with Brits facing higher prices to borrow in the short-term as the Iran war rattles the economy. The average five-year fixed deal for a homeowner has spiked to 5.54 per cent this morning, up from 4.95 per cent at the start of March, according to financial [...]

  • Iran mocks Trump’s peace talks as oil price takes sharp drop

    March 25, 2026

    The Iranian regime has mocked claims from Donald Trump that talks to end the war were progressing as markets struggle to digest a mixed bag of messages. Tehran downplayed expectations of any immediate ceasefire, following emerging reports that the US had offered a 15-point ceasefire plan. The President said the US was in “productive” talks [...]

  • ‘Crossroads’: Oil prices hold firm as markets sour on Trump’s peace talks

    March 24, 2026

    The price of oil held firm on Tuesday morning as markets faced a “crossroads” following the latest bait-and-switch from President Trump amid the crisis in the Middle East. Brent crude, the international benchmark for oil, broke $100 again in early trading in Asia after a four per cent gain. Prices have dipped a touch but [...]

  • Mortgage deals shrink by a fifth since outbreak of Iran war

    March 23, 2026

    The number of mortgage deals on offer for homeowners have shrunk by nearly a fifth since war broke out in Iran just over three weeks ago. Just shy of 1,500 fewer residential mortgages were available on Monday morning, compared with March 9, amounting to a contraction of 19.5 per cent. According to financial information platform [...]

  • What does the Middle East conflict mean for global growth?

    March 23, 2026

    Middle East conflict sends shockwaves through oil, inflation and global growth: This is what Investec experts are thinking In our latest Q&A, Investec experts Callum Macpherson (Head of Commodities), Philip Shaw (Chief Economist) and Chris Holdsworth (Chief Investment Strategist for Investec South Africa) explain what could happen if the Middle East conflict continues, what key [...]

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