US gearing up for ‘weeks of ground operations’ in Iran March 29, 2026 The US military is reportedly gearing up for “weeks of ground operations” in Iran in a move that will destroy optimism garnered over the last week that a peace deal could be on the horizon. Sources at the Pentagon have told the Washington Post that the potential operations would not amount to a full invasion, [...]
FTSE 100 Live: Stocks slip; Justeat caught in CMA crackdown on reviews March 27, 2026 Good morning and welcome back to the City AM liveblog. Another pause has been slapped on Donald Trump’s pledge to “obliterate” Iranian power plants, should the nation not re-open the Strait of Hormuz. The President took to social media last night and said talks between the US and Iran were “ongoing” and “going very well,” [...]
‘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 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 [...]
Oil and gas prices surge after Trump threatens to ‘blow up’ Iran energy site March 19, 2026 The surging price of oil and gas rocked markets this morning as tensions across the Middle East continued to spike fears of an energy crisis. Brent crude – the international benchmark for oil – hit $113 this morning, one of the highest levels since the conflict broke out three weeks ago. Meanwhile the price of [...]
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 [...]
World’s top oil producer warns ‘catastrophic consequences’ after Iran threats March 10, 2026 The world’s top oil producer has warned of “catastrophic consequences” for the commodity’s global market after Iran threatened to block key shipping routes. Saudi Aramco – the state-owned national oil company of Saudi Arabia which controls over 270 billion barrels of reserves – has sounded the alarm that the Iran’s blocking of the Strait of [...]
UK and Trump in new tariff discussions as businesses sound alarm February 22, 2026 The UK is in discussions with the US over President Trump’s latest tariff salvo, a cabinet minister has confirmed, as businesses sound the alarm about the increased rate. President Donald Trump raised his base global tariff rate to 15 per cent on Saturday after the US Supreme Court struck down the authority he used to [...]
US Supreme Court rules Trump’s ‘Liberation Day’ tariffs were illegal February 20, 2026 The US Supreme Court has handed down a landmark ruling that the sweeping tariffs President Donald Trump imposed on trading partners last year were illegal. Justices were weighing up a case centred around the Emergency Economic Powers Act that allows a President to regulate imports during a national emergency. The White House had argued the [...]
‘Absolutely bonkers’: Labour minister hits back at Trump’s criticism of China trade January 30, 2026 A Labour minister has hit back at comments from President Donald Trump that trading with China was “very dangerous” for the UK. Sir Chris Bryant, who has served as trade minister since September 2025, said it would be “absolutely bonkers” for the UK not to do business with China. “You have to challenge China on [...]