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Iran

  • Rolls-Royce shares rocket to recovery as FTSE 100 takes off

    April 1, 2026

    Shares in City heavyweight Rolls-Royce helped lead London’s blue-chip index higher this morning as markets were buoyed by hopes of peacetalks in the Middle East. Rolls-Royce stock soared as much as seven per cent on open to 1,215.00p. It followed comments from Donald Trump that the US would “leave” Iran in “two to three weeks”. [...]

  • Europe urges fewer flights, remote working as Iran war drains oil supplies

    April 1, 2026

    The spiralling energy crisis is forcing Europe into emergency mode, with politicians urging citizens to work from home, cut back on driving and avoid flying as the conflict in Iran cuts off a critical share of the world’s oil supply. The European Commission’s energy chief, Dan Jørgensen, said Europe is facing a prolonged crisis that [...]

  • FTSE 100 Live: Stocks boom as Trump signals end to Iran war; Starmer eyes closer ties to EU

    April 1, 2026

    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 [...]

  • Trump tells Starmer to ‘go get your own oil’

    March 31, 2026

    President Donald Trump has told Sir Keir Starmer that the UK will have to “fight for yourself” as the US would not provide any support in fuel supplies. In another threat targeted at Starmer posted on his own social media platform, the US president mocked the UK’s struggles in obtaining jet fuel because of a [...]

  • Princes Group signals price hikes as Middle East conflict piles pressure on costs

    March 31, 2026

    Tinned tuna giant Princes has signalled a potential hike in prices, as the conflict in the Middle East continues to pile pressure on business costs. The Liverpool-based owner of Branston and Flora, noted that it could raise prices where needed to offset cost pressures from rising fuel, transport and plastic packaging costs caused by the [...]

  • FTSE 100 Live: Stocks inch up; Fuel shortage fears hit airlines; Unilever nears food deal

    March 31, 2026

    Good morning and welcome back to the City AM liveblog. Oil prices are on track for its biggest monthly gain on record for March following the outbreak of war in Iran. It comes as the war in Iran continues to cause ripples through the market, with Brent crude – the international benchmark for oil prices [...]

  • UK bond markets are dangerously exposed

    March 31, 2026

    Many of the forces shaping the bond market are beyond any single government’s control. The combination of higher inflation, weaker growth and increased debt issuance is driving a global repricing of sovereign bonds, says Helen Thomas The global bond market is entering an increasingly precarious phase, shaped by the early stages of what looks like [...]

  • FTSE 100 Live: Dollar dips amid Trump oil threats; motor finance decision expected

    March 30, 2026

    Good morning and welcome back to the City AM liveblog. In a fresh escalation of the conflict in the Middle East, Donald Trump has said that he wants to “take the oil in Iran”, with the US dollar taking a hit this morning. In an interview with the Financial Times, the US President said that [...]

  • Top energy and City bosses called for summit with Starmer as oil surges

    March 29, 2026

    A number of senior leaders from the likes of HSBC, Goldman Sachs and Shell will meet with Prime Minister Sir Keir Starmer on Monday as the government scrambles to help ease the unfolding energy crisis from the war in Iran. Top officials from the energy, finance and logistics sectors will attend the roundtable on Monday, [...]

  • US gearing up for ‘weeks of ground operations’ in Iran

    March 29, 2026

    The US military is reportedly gearing up for “weeks of ground operations” in Iran in a move that will destroy optimism garnered over the last week that a peace deal could be on the horizon. Sources at the Pentagon have told the Washington Post that the potential operations would not amount to a full invasion, [...]

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