‘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, [...]
Manic Monday: How Trump rocked global markets March 23, 2026 President Donald Trump sent global markets on a rollercoaster ride as traders were left stunned by mixed messages coming from the US administration and the Iranian regime. The Brent Crude oil price was trading around $114 per barrel before Trump said in a post on Truth Social that he was pausing strikes due to “productive” [...]
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 [...]
Natwest and Lloyds shares sink as Iran tensions drag FTSE 100 into red March 19, 2026 The FTSE 100 was treading slightly above the 10,000 mark on Thursday as fears grew that the index could slip underneath the milestone. London’s blue-chip index fell 2.7 per cent by the afternoon to lows of 10,002.30p. It came as shares in a number of the City’s banking giants led the FTSE 100’s downturn this [...]
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 [...]
Bank of England Live: Interest rates held in first unanimous vote in eight years March 19, 2026 Welcome back to City AM‘s ongoing coverage of the interest rates decision. Interest rates have been held as rate-setters at the Bank of England warned the war in Iran could send prices spiralling as soon as April. In the first totally unanimous vote in eight years, all members of the Monetary Policy Committee voted to [...]
‘Panic mode’: FTSE 100 sinks as oil spikes on Iran’s energy threats March 18, 2026 Markets were thrown into “panic mode” on Wednesday as the surging price of oil rattled global equities. The price of Brent crude – the international benchmark for oil – spiked as much as five per cent to $110 per barrel as energy facilities across the Gulf faced evacuation following the latest threats from Iran. The [...]
FTSE 100 Live: Diploma leads stocks as pound ticks up; Oil dips March 18, 2026 Good morning and welcome back to the City AM liveblog. The FTSE 100 index closed up 0.8 per cent higher on Tuesday at 10,403.60p. The gains were accompanied by a stronger performance from the pound, which finished up $1.334 by the time London markets closed, compared to $1.329 on Monday. Sterling and the City were [...]