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Iran

  • FTSE 100 Live: Stocks tumble amid Trump’s Strait of Hormuz blockade

    April 13, 2026

    Good morning and welcome back to the City AM liveblog. Markets are returning from the weekend to a major blow in hopes of a ceasefire in the Middle East. After Donald Trump revealed his two-week reprieve on strikes whilst negotiations begin, those very talks now look to be hanging by a thread. Vice President JD [...]

  • “War in Iran will come at a cost,” Reeves warns UK businesses

    April 12, 2026

    Rachel Reeves has warned the escalating conflict in Iran will feed directly into higher costs for British businesses, as pressure builds on energy prices and inflation. “I am going to be straight with people”, Reeves said, “the war in Iran will come at a cost to British families and business,” signalling that the economic fallout [...]

  • Oil prices could race past $150 as ceasefire in ‘difficult phase’

    April 11, 2026

    Oil prices could shoot up beyond $150 per barrel if trade flows through the Strait of Hormuz remain disrupted as the US-Iran ceasefire was entering a “difficult phase”.  Research company Kpler said that problems across the Strait could prompt markets to change tune and lead to oil prices jumping higher.  The Brent crude oil price, [...]

  • FTSE 100 Live: Stocks jittery as North Sea oil prices smash record

    April 10, 2026

    Good morning and welcome back to the City AM liveblog. Markets are continuing to digest the ever-changing narrative coming out of the conflict in the Middle East but even as hopes of a peace deal rise, the economic overhang still threatens to send shocks across the country. In a speech by Kristalina Georgieva, the IMF’s managing [...]

  • Goldman: Oil could remain at crisis prices for rest of year

    April 9, 2026

    Goldman Sachs has warned that oil prices could stay above the $100 a barrel mark for the rest of 2026 if the Strait of Hormuz stays shut for another month. In a note published on Thursday, the investment bank said any truce between Iran and the United States would be fragile, and that four more [...]

  • Tech stocks regain safe haven status amid Iran ceasefire

    April 9, 2026

    American tech stocks have reasserted their role as a market safe haven, as easing tensions between Washington and Tehran trigger a sharp rebound across beaten-down AI and software names. A two-week ceasefire between the US and Iran, alongside a potential reopening of the Strait of Hormuz, has already sparked a relief rally. The Nasdaq jumped [...]

  • JP Morgan and Goldman Sachs to lead Wall Street profit haul on back of Iran war

    April 9, 2026

    Top Wall Street banks are tipped to reveal huge profit growth next week amid firm investment banking activity and soaring trading volumes on the back of volatility in the Middle East. Goldman Sachs will issue the starting gun on US banks earnings season on Monday, where boss David Solomon has already teased a boom in [...]

  • Ceasefire hangs in balance after Iran shuts Hormuz

    April 9, 2026

    Hopes of an extended deescalation in the Middle East remain hanging by a thread, after Iran shut the vital Strait of Hormuz shipping lane in response to a round of Israeli strikes on Lebanon. Oil tankers have been barred from passing through the narrow stretch of water responsible for carrying over a fifth of seaborne [...]

  • Peace in Iran – but for how long?

    April 9, 2026

    Markets are decidedly relieved at news that despite unhinged threats from the orange occupant of the White House, a civilisation has not in fact been wiped out and the US reached a temporary ceasefire with Iran.  But as Trump gets around the negotiating table – let’s hope he can stay awake – how certain can [...]

  • Safe havens are tempting in a geopolitical crisis, but fear is not an investment strategy

    April 9, 2026

    With much of the Middle East still upended by the war, the urge to pull back from the markets is understandable. But the evidence, both historical and behavioural, points to a different conclusion, says Liz Ann Sonders As geopolitical tensions continue to dominate headlines and market volatility once again tests investor resolve, the temptation to [...]

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