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Oil

  • FTSE 100 Live: Stocks soar as Trump claims ‘victory’ in Iran; Economists clash on inflation

    March 25, 2026

    Welcome back to the City AM liveblog. Fresh figures this morning revealed inflation rose three per cent in the year to February 2026, unchanged from the 12 months to January 2026. Grant Fitzner said: “The largest upwards driver was the price of clothing, which rose this month but fell a year ago. “This was offset [...]

  • Not just oil: Fertiliser and helium are at risk in the Strait of Hormuz standoff

    March 24, 2026

    Since the start of the Middle Eastern conflict nearly a month ago, analysts have kept their eyes glued to the latest energy market data. On 2 March, Iran declared the Strait of Hormuz, a waterway which is responsible for shipping roughly one fifth of the world’s oil and gas, was “closed” and oil prices have [...]

  • ‘Crossroads’: Oil prices hold firm as markets sour on Trump’s peace talks

    March 24, 2026

    The price of oil held firm on Tuesday morning as markets faced a “crossroads” following the latest bait-and-switch from President Trump amid the crisis in the Middle East. Brent crude, the international benchmark for oil, broke $100 again in early trading in Asia after a four per cent gain. Prices have dipped a touch but [...]

  • FTSE 100 Live: Stocks dip; Reeves give energy update as oil prices jump

    March 24, 2026

    Good morning and welcome back to the City AM liveblog. Oil is back on the rise this morning following a series of mixed messages on Monday that brought forward a day of whiplash for global markets. The trading session started with nosedives into the red as markets digested President Trump’s 48 hour ultimatum on Iran, [...]

  • The oil crisis isn’t just financial, it’s physical

    March 24, 2026

    Disruption in the Strait of Hormuz isn’t just an economic shock, it’s harming the physical infrastructure that underpins global markets, says Helen Thomas Five years ago this week, the Ever Given ran aground in the Suez Canal, blocking one of the world’s key waterways for six days. Oil prices jumped six per cent as roughly [...]

  • Trump’s call to pause strikes in Iran boosts markets

    March 23, 2026

    Global markets leaped on news that President Trump paused strikes on Iranian infrastructure as he hinted that negotiations had been “very good and productive”. Brent crude – the international benchmark for oil prices – plunged back to below $100 per barrle after having jumped to $112 earlier in the day. The FTSE 100 also rose [...]

  • FTSE 100 Live: Stocks jittery after Trump’s latest TACO; Oil price slips

    March 23, 2026

    Welcome back to the City AM liveblog. Markets are in recovery mode after a dramatic intervention from President Donald Trump slapped a delay on his bombastic ultimatum. Trump issued a 48-hour ultimatum to the Iranian regime on Saturday night, where he called for the full re-opening of the Strait of Hormuz. The strait is a [...]

  • What is the long-term plan for the Strait of Hormuz?

    March 23, 2026

    The disruption of the critical Strait of Hormuz by Iran has created a major global energy crisis that requires a high-risk military solution – but the West currently lacks both the determination and a coherent long-term plan. says Eliot Wilson Today is a red-letter day for Middle East navigational hazard enthusiasts: five years ago, at [...]

  • Energy watchdog: Work from home and avoid flying amid oil crisis

    March 20, 2026

    The world’s energy watchdog has urged people to work from home to mitigate soaring oil prices and supply constraints caused by the intensifying Iran conflict.  The International Energy Agency (IEA) said people should limit commuting where possible as the impact on markets and national economies becomes “more and more severe”. The advice was part of [...]

  • FTSE 100 Live: Gilt yields soar, Bank of England rate hike fears grow, Wetherspoon shares tumble

    March 20, 2026

    Good morning from the City AM liveblog team. Stocks made gains on Friday morning after a statement from Israeli leader Benjamin Netanyahu that he could see “this war ending a lot faster than people think” reassured markets that conflict in the Middle East could soon recede. The remarks follow further missile strikes by the US [...]

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