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oil and gas

  • BP toasts to ‘exceptional’ oil trading after Iran volatility

    April 14, 2026

    Energy giant BP has forecast “exceptional” results in its oil trading division after a period of volatility in prices triggered by the war in the Middle East. The FTSE 100 oil major said upgraded its outlook on Tuesday, which marks a sharp recovery from the “weak” performance reported in the final quarter of 2025. The [...]

  • FTSE 100 Live: Stocks uneven as Trump’s Strait of Hormuz blockade begins

    April 14, 2026

    Good morning and welcome back to the City AM liveblog. Markets were rocked yesterday by the US’ blockade of the Strait of Hormuz, adding a new layer of tensions to the weeks-long conflict in the Middle East. Vice-President JD Vance has accused the Iranian government of engaging in an “act of economic terrorism” through its [...]

  • 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 [...]

  • 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 take a dip as Trump’s ceasefire in doubt

    April 9, 2026

    Good morning and welcome back to the City AM liveblog. Hopes for peace in the Middle East are on thin ice with the ceasefire unveiled on Wednesday morning already seemingly in tatters. According to Mohammad Bagher Ghalibaf, Iran’s parliament speaker, the US and Israel have already “violated” Iran’s 10-point ceasefire proposal in three ways. And [...]

  • FTSE 100 Live: Blue-chip stocks boom on Trump and Iran ceasefire

    April 8, 2026

    Good morning and welcome back to the City AM liveblog. Markets are in line for a major boom this morning after Donald Trump confirmed a two-week ceasefire with Iran shortly ahead of his latest bomb threat deadline. Trump announced the two-week postponement by stating the US and Iran were “very far along” with a “definitive” [...]

  • FTSE 100 Live: Stocks dip ahead of Trump’s Iran deadline

    April 7, 2026

    Good morning and welcome back to the City AM liveblog. The London market is set to return from the bank holiday break with a major hangover. Whilst the City enjoyed an Easter break, volatile trading continued with Brent crude – the international benchmark for oil – hovering around the $110 mark after see-sawing between gains [...]

  • ‘A whole civilisation will die tonight’: Trump ramps up Iran threats as deadline draws nearer

    April 7, 2026

    Donald Trump has dialled up his threats on Iran warning a “whole civilisation will die tonight” ahead of his latest looming deadline for Iran. The chaotic sentiment has rocked markets across Europe after indexes struggled to find direction during early trading. The FTSE 100 see-sawed between gains and losses as the City market returned from [...]

  • FTSE 100 Live: Dow Jones joins City in red; Oil soars on Iran war fears

    April 2, 2026

    Good morning and welcome back to the City AM liveblog. After a dose of optimism hit markets on Wednesday, that looks to all be eradicated come this morning. In a 19-minute long address to the nation, Donald Trump vowed to “finish the job” in Iran and warned the country would be hit “extremely hard” in [...]

  • Once again Starmer addresses the nation – with nothing to say

    April 2, 2026

    The Prime Minister held a press conference yesterday to update us all on the Iran war and to confirm that we’re still not in it. That’s Keir Starmer’s most valued line these days; that this isn’t our war and we’re not involved. However, despite our declared neutrality, Starmer had to concede that “the impact of [...]

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