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Middle East

  • Savills shares slide as Middle East war shakes property market

    March 12, 2026

    Shares in property giant Savills slid eight per cent as the Iran war shakes the confidence of the UK’s property market. The FTSE 250 firm’s share price fell by 7.98 per cent on Thursday to 922p, leaving the stock down six per cent in the year so far. Adam Vettesse, market analyst at eToro said [...]

  • Housing market struggles for momentum as Iran war looms

    March 12, 2026

    The UK housing market is struggling for momentum as uncertainty caused by the Iran war prompts banks to hike mortgage rates and pull deals.  New buyer inquiries weakened in February as 26 per cent of property professionals reported a fall in interest, up from 15 per cent in January, according to the Royal Institution of [...]

  • Standard Chartered evacuates Dubai offices amid Iran war

    March 11, 2026

    London-headquartered Standard Chartered has begun to evacuate staff from its offices in Dubai following the latest escalations in the war in the Middle East. The FTSE 100 giant boasts a large presence in the region as part of international expansion efforts across the United Arab Emirates but has now found itself caught in the growing [...]

  • ‘Terrifying’: Iran threatens $200 oil price if US-Israel strikes continue

    March 9, 2026

    A spokesman for the Iranian military has given a chilling warning that the cost of a barrel of oil could rocket to $200 if the war with Israel and the US continues. The price of oil has continued to surge amid escalating tensions in the Middle East, which have triggered strikes on production sites and [...]

  • Will the Bank of England raise interest rates amid Iran war energy crisis?

    March 9, 2026

    Traders are betting on interest rate hikes this year as Rachel Reeves and Sir Keir Starmer have consulted analysts at the Bank of England to monitor the impact of spiralling oil prices on the UK economy.  Investors believe interest rates are more likely to rise than fall by the end of the year, with a [...]

  • Rolls-Royce shares slide as FTSE 100 plunges amid Iran war

    March 9, 2026

    A dramatic stock plummet from blue-chip giant Rolls-Royce helped drag the FTSE 100 deeper into the red on Monday morning as fears surrounding the economic impact of the Iran war ramped up. Shares in the aerospace giant were down as much as five per cent at open, before clawing back some gains to a three [...]

  • Global markets warned of ‘biggest energy crisis’ in modern history after oil surge

    March 9, 2026

    Global economies are facing warnings over what could the “biggest energy crisis” in modern history after the price of oil breached the $100 mark for the first time since the energy crisis in 2022. Brent crude, the international benchmark for oil, surged over 25 per cent to highs of $118 per barrel as the week’s [...]

  • FTSE 100 Live: US stocks sink on open; Iran warns oil price could hit $200

    March 9, 2026

    Good morning and welcome back to the City AM liveblog. The chaos in global markets of last following the breakout of conflict in the Middle East is poised to continue as tensions in the Gulf showed no sign of slowing down over the weekend. The price of oil notched its highest gains in a single [...]

  • Iran war: From fuel to food, what could get more expensive?

    March 6, 2026

    Amid fears the war in Iran could “bring down” the world’s economies, experts have warned the conflict could have wide-ranging impacts which reach into the households of everyday consumers.  The Middle East plays a central role in global energy supplies and shipping routes, and consumer industries have warned the knock-on effects of the conflict could [...]

  • Fish and chip shops under threat as Iran war spikes energy prices

    March 6, 2026

    Britain’s beloved fish and chip shops could go under as they brace for the boom in energy and import costs caused by the Iran war, an industry leader has warned.  Andrew Crook, president of the National Federation of Fish Friers (NFFF), told City AM chippie owners across the country are expecting the conflict to add [...]

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