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oil and gas services

  • FTSE 100 Live: Stocks drop as Trump in ‘no rush’ to end Iran war; Retail sales jump on fuel rush

    Markets

    Good morning and welcome back to the City AM liveblog. Donald Trump has slapped another extension on ceasefires in the Middle East following Wednesday’s intervention, where a previous deadline was set to expire. Just days ago, Trump said he was extending the ceasefire indefinitely as the deadline for strikes on Iranian power plants drew nearer. [...]

    Donald Trump at Pennsylvania CPA event, addressing financial policies to an audience of accounting professionals
  • FTSE 100 Live: Stocks jitter as inflation surges; Trump extends ceasefire

    Markets

    Good morning and welcome back to the City AM liveblog. Inflation has surged this morning follow the outbreak of war in Iran. Fresh figures from the Office for National Statistics (ONS) has shown the consumer price index rose by 3.3 per cent in the 12 months to March 2026. That’s up from three per cent [...]

    Donald Trump wearing a green tie at a public event, addressing the audience with a serious expression in a formal setting
  • FTSE 100 Live: Stocks flat as Trump’s deadline looms; Job vacancies shrink; Primark gets spin-off

    Markets

    Good morning and welcome back to the City AM liveblog. New unemployment figures this morning have showed an unexpected twist where the joblessness rate slipped under the five per cent mark. But this was accompanied by a blow to the market with the number of vacancies fell by an estimate of 29,000 in the three [...]

    Donald Trump raising his fist in a confident gesture during a public appearance, symbolizing determination and leadership
  • ‘No more Mr Nice Guy’: Oil prices spike as Trump renews Iran power plant threats

    April 20, 2026

    The price of oil has been driven higher by the latest round of escalations in the Middle East renewing fears of a drastic global energy shock. Brent crude – the international benchmark for oil prices – jumped over six per cent on Monday morning to over $96. It follows a weekend of tensions where shipping [...]

  • FTSE 100 Live: Stocks slump on renewed Iran threats; UK to be ‘pushed to brink’ of recession

    April 20, 2026

    Good morning and welcome back to the City AM liveblog. Markets are returning from the weekend to a fresh round of volatility. The mood ended last week on a high following the re-opening of the Strait of Hormuz but that sentiment was quickly squashed over the weekend as tensions renewed. Shipping in the Strait of [...]

  • FTSE 100 jumps as Strait of Hormuz fully open following ceasefire

    April 17, 2026

    The Iranian regime has reopened the Strait of Hormuz following a ceasefire in the Middle East between numerous warring nations. Tehran’s foreign minister said on Friday afternoon: “In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire”. Traffic [...]

  • FTSE 100 Live: Stocks jittery as Starmer makes play to reopen Strait of Hormuz

    April 17, 2026

    Good morning and welcome back to the City AM liveblog. The UK and France are set to co-chair a meeting with allies later today in a bid to strum up ways to re-open the Strait of Hormuz. The vital waterway, which sits off Iran’s coast, sees around a fifth of the world’s oil supply flow [...]

  • Easyjet shares grounded after revealing £560m hit from Iran war

    April 16, 2026

    Easyjet expects to make a whopping loss in the first half of the financial year after the war in the Middle East led to major disruptions across operations. The budget airline said on Thursday it is forecasting a loss before tax of between £540m and £560m as the industry battles against rising costs. Shares in [...]

  • FTSE 100 Live: Entain leads modest stock jump; Surprise growth ‘pushed to rear view’

    April 16, 2026

    Good morning and welcome back to the City AM liveblog. Markets are betting the latest round of peace talks will bring some resolution to the conflict in the Middle East. US markets managed to clinch a record high close on the latest news of peace talks but in London the FTSE 100 splintered and finished [...]

  • FTSE 100 Live: Stocks jittery as Trump eyes Iran ‘grand bargain’; Reeves to meet Bessent

    April 15, 2026

    Good morning and welcome back to the City AM liveblog. Hopes of peace talks in the Middle East were back on the table this morning, though markets weren’t holding there breathe after weeks of bait-and-switches. Donald Trump described the war with Iran as “close to over” during an interview with Fox news. “I think it’s [...]

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