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Iran

  • FTSE 100 Live: Stocks dip as oil’s ‘slowing demand’ in focus; Iran threatens to extend war

    FTSE 100 Live

    Welcome back to the City AM liveblog. Oil prices are holding up at $87 per barrel this morning as investors remain locked in wait-and-see mode while monitoring new updates coming out of US-Iran negotiations and efforts to reopen the Strait of Hormuz. The Iranian regime handed a major blow to peace optimism after suggestining it could [...]

    The UK could enjoy a 50 per cent production boost without breaking its net-zero pledges
  • As it happened: Stocks rise despite new tensions in Strait of Hormuz; Oil price climbs

    FTSE 100 Live

    Welcome back to the City AM liveblog. New tensions in the Strait of Hormuz this morning are leaving markets on edge and handing a blow to earlier optimism around a peace deal between the US and Iran. Oil is moving higher, reversing some of the drawback from the beginning of this week, after an attack [...]

    Bustling shipping activity in the Strait of Hormuz with tankers and cargo ships navigating Iranian waters.
  • As it happened: Stocks fall into red as oil fluctuates over Middle East developments

    FTSE 100 Live

    Welcome back to the City AM liveblog. Oil prices have fluctuated around the $80 mark over the last 24 hours following mixed developments coming out of the Middle East. Brent crude – the international benchmark for oil prices – was heading towards $79 per barrel on Thursday morning, holding up a near 10 per cent [...]

    Large oil tanker navigating a strait under a cloudy sky, impacting oil prices and global trade.
  • As it happened: Stocks rise as oil fluctuates after Red Sea attack; US-Iran deal ‘being circulated’

    August 5, 2026

    Welcome back to the City AM liveblog. Oil prices have snapped a losing streak following Yemen’s Houthis said they had attacked a Saudi vessel in the Red Sea.  Brent crude drew back above the $80 per barrel mark on Wednesday morning on the news, but prices were still down for the week by around 10 [...]

  • As it happened: Oil prices tumble as Bessent says US-Iran deal imminent; miner stocks rally

    August 4, 2026

    Welcome back to the City AM FTSE 100 liveblog. The price of oil tumbled on Tuesday afternoon after a senior Trump ally said that a deal over control of the Strait of Hormuz could be agreed with Iran in the coming days. The price of Brent crude – the international benchmark for oil – tumbled [...]

  • Oil price falls but Trump and Iran clash on negotiations claim

    August 3, 2026

    The price of oil has drifted lower after Donald Trump called off strikes on Iran but progress towards a finalised peace deal continues to stall as the President clashes with Iran’s leadership. Brent crude – the international benchmark for oil prices – tumbled over five per cent on Monday to below $83 per barrel as [...]

  • As it happened: UK stocks cool after Astrazeneca drags; Trump and Iran clash over peace talks

    August 3, 2026

    Welcome back to the City AM liveblog. The London stock market is starting the new week relatively mixed after Donald Trump hinted a deal between US and Iran on the Strait of Hormuz is near, but was contradicted by communication from Tehran. The US President has said that Saudi Arabia, the UAE, Qatar and Iran [...]

  • Trump suspends strikes amid new peace hopes

    August 2, 2026

    President Trump has said the “perimeters of a deal” have been agreed with Iran, prompting him to call off strikes in the Middle East.  The US president said that Iran and Gulf region countries had “asked” the US to suspend strikes due to the workings of a new peace deal.  In a Truth Social post, [...]

  • Will Formula 1 need to refund sponsors for cancelled Middle East races?

    August 2, 2026

    Anna Sowerby dissects what happens with sponsorship agreements when events, such as Formula 1 Grands Prix, are cancelled As we enjoy yet another blockbuster summer of sport, the current global landscape is a stark reminder of just how quickly situations can change and put events at risk of being cancelled. The obvious example being the [...]

  • Trump warns Iran: ‘We’re going to beat the f***ing s*** out of them’

    July 29, 2026

    Donald Trump has vowed to hit back at Iran after it launched “surprise” strikes against US forces in the Middle East last night. “We’re going to beat the f***ing s*** out of them. We’ll be hitting them hard. They’re going to get a beating,” the US President told Fox News on Wednesday. Oil prices have [...]

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