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Iran

  • Elon Musk and Fox News host chosen for Trump cabinet and advisory roles

    November 13, 2024

    Tech billionaire Elon Musk and Fox News host Pete Hegseth have been asked to serve as advisors and in Donald Trump’s cabinet. Musk is set to lead a new US Department of Government Efficiency (DOGE) which will advise the President on how to reform and make savings in the government, after he previously claimed he [...]

  • BP beats estimates despite lower oil prices

    October 29, 2024

    FTSE 100 oil giant BP has reported strong-than-expected earnings for the third quarter. On Tuesday, it posted an underlying replacement cost profit, used as a proxy for net profit, of $2.3bn (£1.8bn) for the three months to 30 September. The figure beat analyst expectations of $2.1bn (£1.6bn), according to an LSEG-compiled consensus. However, the figure [...]

  • Government: Israel’s escalation in the Middle East ‘in no one’s interest’

    October 26, 2024

    The government said it is monitoring the unfolding situation in the Middle East “closely” after Israel launched a series of airstrikes targeting military sites in Iran. The attacks did not target nuclear or oil facilities, two Israeli officials confirmed to the Associated Press. A government spokesman said on Saturday morning: “We are monitoring this situation [...]

  • FTSE 100: London gains as Iran’s attack on Israel sends oil prices higher

    October 2, 2024

    London markets made gains on Wednesday after an unprecedented missile attack on Israel by Iran that sent oil prices higher and shook global stocks.

  • Israel vows to retaliate after Iran missile barrage

    October 2, 2024

    The prospect of a regional conflict loomed large over the Middle East on Tuesday, after Iran launched a series of missiles into Israel in an attack for which Israeli forces promised there would be “consequences”. Over the course of several hours, nearly 200 missiles were by fired by Iran into Israel, according to Israeli army [...]

  • My Favourite Cake review: Heartening and heartbreaking

    September 12, 2024

    There are lots of movies about people finding love later in life. Iranian comedy-drama My Favourite Cake asks what happens when that love itself is an act of rebellion? Lily Farhadpour is magnificent as Mahin, a 70-year-old widow living a lonely life in modern Iran. Spurred by a recent meeting with friends, she takes the [...]

  • Lammy urges ‘restraint’ after Israel-Hezbollah conflict escalates

    August 25, 2024

    Foreign secretary David Lammy has urged Israel to show “restraint” after an exchange of fire with Lebanese militants Hezbollah on Sunday morning. The Israeli military carried out a series of air strikes in southern Lebanon early on Sunday, saying it had intelligence Hezbollah was planning to carry out an attack of its own. The Iran-backed [...]

  • FTSE 100: BP, Shell and oil prices surge on assassination of Hamas leader in Iran

    July 31, 2024

    The FTSE 100 jumped over a hundred points on Wednesday morning, after the assassinations of two Hamas and Hezbollah leaders caused the index’s energy and commodities constituents to surge. Shares in BP and Shell both rose by between two and three per cent in early morning trading, helping the index as a whole to jump [...]

  • Sunak: Britain launched fresh Houthi airstrikes last night – and would ‘not hesitate’ to do it again

    May 31, 2024

    Rishi Sunak's announcement comes after Iran-backed Houthi rebels have launched attacks on ships in the red sea in a bid to disrupt international shipping.

  • Iran: What happens next now that President Raisi is dead – and how are markets reacting

    May 20, 2024

    Iran will see presidential elections in the next fifty days after the death of President Raisi, at a tricky time for the Tehran regime

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