All news on the topic: Oil prices

04 Aug 2026 504

Trump says US and Iran are holding talks as Tehran denies negotiations

Donald Trump has warned Iran it has a “last chance” to sign a “good document”, as he insisted talks were under way despite Tehran denying negotiations with the US were taking place.

Finance

03 Aug 2026 605

EY warns prolonged Strait of Hormuz closure could push UK into recession in 2027

Britain’s economy could be sent into a recession next year if the crucial Strait of Hormuz remains closed into 2027 amid a prolonged Iran war, according to a report.

Finance

26 Jul 2026 764

Bank of England expected to hold interest rates despite renewed inflation risks

The Bank of England is expected to keep interest rates unchanged again next week, despite fresh uncertainty in the Middle East.

Finance

24 Jul 2026 792

UK borrowing costs surge as oil tops $100 amid Iran conflict

UK borrowing costs soared yesterday amid a global bond market rout sparked by a surge in the oil price back above $100.

World

14 Jul 2026 523

Trump announces US takeover of Strait of Hormuz with 20% cargo fee

President Donald Trump on Monday said the U.S. will take over the Strait of Hormuz — and will be reimbursed “at the rate of 20% on all cargo shipped” for overseeing one of the world’s most critical oil passageways that has been at the center of the U.S.’s re-escalating war with Iran.

World

13 Jul 2026 590

US strikes have obliterated Iranian drone and missile facilities during a fierce battle to secure the Strait of Hormuz

US forces decimated Iran’s drone and missile sites in their latest efforts to keep the Strait of Hormuz secure for transiting cargo ships.

World

08 Jul 2026 650

Trump declares Iran ceasefire “over” after attacks on US military bases

Donald Trump has declared the ceasefire with Iran is “over” after the regime targeted US military bases in the Middle East overnight.

Finance

15 Jun 2026 575

Europe’s STOXX 600 hits record high after US-Iran deal lifts market mood

Europe’s STOXX 600 hit a record high on Monday, boosted by a relief rally across most sectors after the United States and Iran reached a preliminary agreement ‌that would open the Strait of Hormuz and end the three-month-long war in the Middle East.

News

21 May 2026 613

EasyJet absorbs £25 million fuel hit as Middle East war sends oil prices soaring, CEO reassures travellers

The EasyJet CEO has assured customers they can "book with confidence" despite revealing the firm’s finances will be hit due to war in the Middle East, which is driving up fuel costs and creating "near-term uncertainty".

World

15 May 2026 710

Stocks and bonds sell off as oil shock from Middle East conflict rattles investors

Global stocks and bonds were sold off on Friday as concerns over a lasting inflationary impact from the Middle East conflict led traders to anticipate higher US interest rates.

Investigation

13 May 2026 681

UAE quits OPEC in shock move that could slash oil prices and hit Russia’s war budget

On May 1, the United Arab Emirates formally exited OPEC without prior notice to its partners, a move widely seen as the culmination of years of friction with Saudi Arabia over production quotas and regional policy.

News

26 Apr 2026 559

UK braces for shortages as Iran war shuts vital oil route and drives prices higher

The Government is intensifying its planning to address potential shortages caused by the conflict in Iran

World

21 Apr 2026 520

Safe sex costs may rise as war disrupts production of key materials, CEO says

Safe sex could get more expensive if the Iran war continues to disrupt global supply chains, according to a new interview with the CEO of the world’s largest condom manufacturer.

Finance

21 Apr 2026 693

‘Critical diplomatic moment’ as Iran truce deadline nears, warns Cooper

Foreign Secretary Yvette Cooper has said “a critical diplomatic moment” is approaching as the end of a two-week US-Iran ceasefire draws near.

Finance

20 Apr 2026 730

UK economy on brink as Iran blocks Strait of Hormuz and energy prices surge

Two reports from top accounting firms suggest the economy is on the brink as gas and oil prices surge following Tehran’s blockade on the Strait of Hormuz.

World

19 Apr 2026 759

UK denies Trump’s claim that British ships were hit in the Strait of Hormuz

There were no reports of any attacks on UK-linked vessels yesterday despite Donald Trump claiming that Iran fired at a British cargo ship.

World

14 Apr 2026 572

UK growth downgraded most in G7 as energy shock from Iran war fuels inflation and job losses

The economic fallout from the Iran war will hit the UK the hardest out of all the world’s advanced economies, the International Monetary Fund (IMF) has warned.

Crime

12 Apr 2026 667

Dozens feared dead as panic erupts at Haiti’s Unesco-listed citadel

At least 30 people, many of them young, have died and dozens more are reported to have been injured after a crush at a mountaintop fortress in northern Haiti that is a popular tourist spot.

World

10 Apr 2026 811

Hormuz standoff drives oil rally as Trump accuses Iran of breach

North Sea oil prices have soared to a record high as panicking traders rush to secure vital supplies while the Strait of Hormuz remains shut.

Investigation

09 Apr 2026 562

Wall Street firm pays analyst $15,000 to infiltrate Strait of Hormuz for trading insights

A Wall Street research firm has paid an analyst $15,000 to venture to the Strait of Hormuz by speedboat, armed with cigars and tobacco pouches in order to gain trading insights.

World

31 Mar 2026 657

Airlines slash flights worldwide as Iran war sends fuel costs soaring and supply shrinking

Airlines across the globe are canceling thousands of flights following the conflict in Iran, which has led to jet fuel prices more than doubling.

News

26 Mar 2026 527

Starmer authorizes military to seize Russian oil tankers in bold escalation

British Prime Minister Keir Starmer said on Wednesday he has given the military permission to board and detain Russian ships his government alleges are part of a network of vessels that enables Moscow to export oil despite ‌Western sanctions.

World