As it happened: Stocks fall into red as oil fluctuates over Middle East developments FTSE 100 Live Welcome back to the Morning Wire liveblog. Oil prices have fluctuated around the $80 mark over the last 24 hours following mixed developments coming out of the Middle East. Brent crude – the international benchmark for oil prices – was heading towards $79 per barrel on Thursday morning, holding up a near 10 per cent [...]
As it happened: Stocks rise as oil fluctuates after Red Sea attack; US-Iran deal ‘being circulated’ FTSE 100 Live Welcome back to the Morning Wire liveblog. Oil prices have snapped a losing streak following Yemen’s Houthis said they had attacked a Saudi vessel in the Red Sea. Brent crude drew back above the $80 per barrel mark on Wednesday morning on the news, but prices were still down for the week by around 10 [...]
As it happened: Oil prices tumble as Bessent says US-Iran deal imminent; miner stocks rally Markets Welcome back to the Morning Wire FTSE 100 liveblog. The price of oil tumbled on Tuesday afternoon after a senior Trump ally said that a deal over control of the Strait of Hormuz could be agreed with Iran in the coming days. The price of Brent crude – the international benchmark for oil – tumbled [...]
Oil price falls but Trump and Iran clash on negotiations claim August 3, 2026 The price of oil has drifted lower after Donald Trump called off strikes on Iran but progress towards a finalised peace deal continues to stall as the President clashes with Iran’s leadership. Brent crude – the international benchmark for oil prices – tumbled over five per cent on Monday to below $83 per barrel as [...]
As it happened: UK stocks cool after Astrazeneca drags; Trump and Iran clash over peace talks August 3, 2026 Welcome back to the Morning Wire liveblog. The London stock market is starting the new week relatively mixed after Donald Trump hinted a deal between US and Iran on the Strait of Hormuz is near, but was contradicted by communication from Tehran. The US President has said that Saudi Arabia, the UAE, Qatar and Iran [...]
As it happened: Stocks rise but oil tops $95; inflation eases July 22, 2026 Welcome back to the Morning Wire FTSE 100 liveblog. It’s Wednesday and new Chancellor John Healey secured an early boost after the Office for National Statistics (ONS) revealed that inflation slowed in June. Headline CPI inflation dipped from 2.8 per cent in May to 2.6 per cent in June. Grant Fitzner, chief economist at the [...]
As it happened: Stocks rally as defence shares surge on John Healey as Chancellor July 21, 2026 Welcome back to the Morning Wire FTSE 100 liveblog. It’s Tuesday and the markets have been adjusting to the first full day of Andy Burnham’s Labour government. Burnham shocked Westminster and the City on Monday evening when he appointed John Healey as his Chancellor, just weeks after he had resigned in protest as defence secretary. [...]
As it happened: John Healey named Chancellor as Burnham shakes-up cabinet July 20, 2026 Welcome back to the Morning Wire liveblog. Andy Burnham has become the UK’s newest Prime Minister, succeeding Sir Keir Starmer just two years after his landslide win at the 2024 general election. Starmer visited the King this morning to give him his resignation. In his farewell speech outside Number 10, the outgoing Prime Minister said [...]
As it happened: Stocks rise despite IEA warning of ‘critical’ oil issue July 17, 2026 Welcome back to the Morning Wire liveblog. Oil is on track to gain around 12 per cent for the week after the continued escalation of strikes between the US and Iran. Brent crude – the international benchmark for oil – is holding steady around the $85 per barrel mark after US’ multiple strike offensives against [...]
UK economy grows despite Iran war hit July 16, 2026 The UK economy grew marginally in May after strong performance in parts of the services sector helped soften the impact of Iran war and narrowly prevented a contraction. Fresh figures from the Office for National Statistics (ONS) have revealed the economy grew 0.1 per cent in May, broadly in line with market expectations. The services [...]