‘Pressure point’: Oil prices spike as Trump turns up heat on Nato March 16, 2026 The price of oil spiked once more as trading for the new week began after Donald Trump ramped up pressure on his Nato peers to help get supply flowing. Brent crude, the international benchmark for oil prices, jumped 2.9 per cent as trading open after the weekend to near $106.12 a barrel, but later gave [...]
FTSE 100 Live: Stocks jump, Oil spikes, fresh Thames Water rescue deal March 16, 2026 Good morning and welcome back to the City AM liveblog. This morning Brent crude, the international benchmark for oil prices, rose 1.8 per cent to $104.98 per barrel during early trading in Asia. It follows President Trump stating he is unwilling to make a deal with Iran and his energy secretary warning the war will [...]
Oil surges again as industry faces ‘largest disruption in history of the market’ March 12, 2026 The global energy body has warned the current oil crisis triggered by the war in the Middle East marks the “largest disruption” in history of the commodity’s market. The International Energy Agency (IEA) made a record intervention in the market on Wednesday, with the release of 400m barrels from the strategic reserves. But the move [...]
Global energy body to release 400m oil barrels in emergency boost March 11, 2026 The global energy body has announced it will release a record 400 million barrels from emergency oil reserves in a bid to contain spiking prices. The International Energy Agency’s (IEA) executive director Faith Birol said on Wednesday the market “challenges we are facing are unprecedented in scale”. “IEA member countries have responded with an emergency [...]
FTSE 100 Live: Stocks soar and oil dips as Trump says war is ‘very complete’ March 10, 2026 Good morning and welcome back to the City AM liveblog. It was a day of whiplash for global markets as they kicked off the new week. Stock markets from Europe to Asia and Wall Street sunk into the red on open as the price of oil rose at the fastest rate in six-years. Brent crude, [...]
‘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 [...]
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 [...]
Oil on track for biggest weekly jump in 4 years as US mulls intervention March 6, 2026 The oil market is set for its biggest weekly gain in four years after the crisis in the Middle East sent ripples through the energy markets. The price of Brent crude has risen by around 18 per cent in the last week, tipping over $85 a barrel. Should the gains hold up, it would mark [...]
Dow Jones slides as FTSE 100 extends losses amid Iran strikes March 2, 2026 Wall Street joined Europe as markets opened on Monday with losses spread across the board as tensions escalated across the Middle East. The Dow Jones dropped nearly one per cent on open to 48,534.58 whilst the S&P 500 shed around 0.7 per cent to 6,828.47. The tech-heavy Nasdaq tumbled 0.7 per cent to 22,505.32. In [...]
Oil prices spike as UK base hit by Iranian missile March 2, 2026 Oil prices spiked this morning as tensions continued to escalate in the Middle East, raising concerns that a key shipping route could be halted and an Iranian missile attack on an RAF base could drag the UK into a regional war. The cost of a barrel of brent crude – the international benchmark for oil [...]