12 h. ago Oil prices plunge after Iran retaliates with attack on American air base

The price of West Texas Intermediate, the U.S. benchmark for crude oil, fell 7.2 percent to $68.51 per barrel on Monday

Events

14 h. ago Petrol price warning for Brit drivers as US Iran conflict prompts 'fill up your tank' alert

Oil prices have soared due to the conflict in the Middle East and Brits are being warned that they could be hit at the pump as the cost of petrol could also spike

Events

15 h. ago Oil sells off as traders calmly look beyond the bombs in the Middle East

If oil prices are any measure, Iran just flinched

Events

22 h. ago Business news live: Oil prices drop despite strikes on Iran, Industrial Strategy reaction and FTSE 100 falls

Stock markets latest updates and business news on Monday

Economics

22 h. ago Trump pleads with oil companies to keep prices down after Iran blockade threat

Crude oil prices surged following Iran vote to close critical Strait of Hormuz in wake of US bombings

Politics

23 h. ago Goldman Sachs warns Brent crude could hit $100 per barrel if strait of Hormuz is disrupted; Trump demands cheaper oil – business live

Rolling coverage of the latest economic and financial newsThe strait of Hormuz: what is it, and why does it matter to global trade?Price of oil could spike after Iran’s parliament votes to close key shipping routeThe eurozone economy has continued to flirt with stagnation this month, with little growth in its key sectors.The latest survey of purchasing managers across the euro area, just released by S&P Global, shows that the eurozone services sector is stalling this month, while factory growth slowed.“The eurozone economy is struggling to gain momentum. For six months now, growth has been minimal, with activity in the service sector stagnating and manufacturing output rising only moderately.In Germany, there are signs of a cautious improvement in the situation, but France continues to drag its feet. The momentum evident in the official growth figure of 0.6 percent for the first quarter is unlikely to have carried over into the second quarter, especially since special factors su...

Events

24 h. ago Everyday UK items that could go up in price after Donald Trump attack on Iran

Oil prices has risen to a five-month high - threatening to hit British households in the pocket.

Politics

24 h. ago Business news live: Oil prices climb after strikes on Iran, Industrial Strategy reaction and FTSE 100 latest

Stock markets latest updates and business news on Monday

Economics

25 h. ago Business news live: FTSE 100 latest as oil prices climb after US strikes on Iran

Stock markets latest updates and business news on Monday

Economics

25 h. ago How will your household costs be affected by conflict in the Middle East?

The price of oil rising impacts on fuel, transport, production and inflation

Events

27 h. ago Goldman Sachs warns Brent crude could rise over $100 per barrel if Strait of Hormuz is disrupted – business live

Rolling coverage of the latest economic and financial newsThe strait of Hormuz: what is it, and why does it matter to global trade?Price of oil could spike after Iran’s parliament votes to close key shipping routeThe eurozone economy has continued to flirt with stagnation this month, with little growth in its key sectors.The latest survey of purchasing managers across the euro area, just released by S&P Global, shows that the eurozone services sector is stalling this month, while factory growth slowed.“The eurozone economy is struggling to gain momentum. For six months now, growth has been minimal, with activity in the service sector stagnating and manufacturing output rising only moderately.In Germany, there are signs of a cautious improvement in the situation, but France continues to drag its feet. The momentum evident in the official growth figure of 0.6 percent for the first quarter is unlikely to have carried over into the second quarter, especially since special factors su...

Events

28 h. ago Oil prices soar after US attacks on Iran nuclear sites – why they could go higher

Some analysts fear oil prices could hit 100 US dollars (£74.43) a barrel if Iran closes the Strait of Hormuz shipping route.

Events

28 h. ago IMF chief warns of broader risks from US strikes on Iran, as oil falls back from five

Rolling coverage of the latest economic and financial newsPrice of oil could spike after Iran’s parliament votes to close key shipping routeThe eurozone economy has continued to flirt with stagnation this month, with little growth in its key sectors.The latest survey of purchasing managers across the euro area, just released by S&P Global, shows that the eurozone services sector is stalling this month, while factory growth slowed.“The eurozone economy is struggling to gain momentum. For six months now, growth has been minimal, with activity in the service sector stagnating and manufacturing output rising only moderately.In Germany, there are signs of a cautious improvement in the situation, but France continues to drag its feet. The momentum evident in the official growth figure of 0.6 percent for the first quarter is unlikely to have carried over into the second quarter, especially since special factors such as Ireland’s unusual jump in growth inflated this figure. Continue rea...

Events

28 h. ago Business news live: FTSE 100 rises after opening low while oil prices climb after US strikes on Iran

Stock markets latest updates and business news on Monday

Economics

30 h. ago Business news live: FTSE 100 opens lower and oil prices rise after US strikes on Iran

Stock markets latest updates and business news on Monday

Economics

30 h. ago IMF chief warns of broader risks from US strikes on Iran, after oil hits five

Rolling coverage of the latest economic and financial newsPrice of oil could spike after Iran’s parliament votes to close key shipping routeThe UK stock market has dropped at the start of trading, as traders weigh up the situation in the Middle East.Airline shares are down, with easyJet (-2.1%) and British Airways parent company IAG (-2.2%) leading the fallers on the FTSE 100 share index. Higher oil prices push up their costs, and the crisis could also force airlines to cancel flights to the region. Continue reading...

Events

30 h. ago Oil prices surge as Iran maintains threat to close global shipping route after Trump bombed its nuclear facilities

Brent crude futures were up $1.52 or 1.97 per cent to $78.53 a barrel as of 6am UK time. US West Texas Intermediate crude advanced $1.51 or 2.04 per cent to $75.35.

Events

31 h. ago Oil prices soar and Asian markets sink as Trump joins Israel’s war on Iran

Iran has threatened to shut down Strait of Hormuz, through which a fifth of world’s oil passes, in response to US attacks on its nuclear sites

Politics

44 h. ago Brits issued urgent petrol price warning as Iran closes Strait of Hormuz

Petrol prices could increase after further instability in the Middle East, with a recent strike on Iran from Israel meaning the Strait of Hormuz - a key oil shipping channel - could be disrupted

Events

2 d. ago Iran insists 'our nuke material is safe' as Trump decides on joining war

Fighting is continuing to erupt between Israel and Iran as tensions in the Middle East continue to spiral out of control, with Tehran now pleading with Trump not to get involved

Politics