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: Stocks drop on Trump-Iran warning; Mahmood tipped to be chancellor Markets Welcome back to the Morning Wire liveblog. The UK has received fresh economic growth data this morning which has put GDP expansion at a sluggish 0.1 per cent for the month of May. The services sector – which contributes more than 80 per cent of total economic output – grew 0.3 per cent against steep [...]
As it happened: FTSE 100 recovers after oil surge dampens mood; Strikes in the Strait of Hormuz Markets Welcome back to the Morning Wire liveblog. Oil prices are marching higher after the latest wave of military action in the Middle East following the US reinstating its blockade on imports from Iran. Brent crude – the international benchmark for oil prices – surged above $84 per barrel on Tuesday, bringing gains for the week [...]
As it happened: Stocks rises as oil eases but Strait of Hormuz concerns ramp up July 10, 2026 Welcome back to the Morning Wire liveblog. Markets are set to make a loss for the week after the conflict in the Middle East returned to full-blown military action this week. The FTSE 100 has shed over one per cent and is on course to close in the red for the week, even after breaking [...]
As it happened: Stocks fall as oil creeps up; Trump to ‘finish job’ in Iran July 9, 2026 Welcome back to the Morning Wire liveblog. The escalation of the conflict in the Middle East has wiped out the recovery across global markets that had slowly took place over the last few weeks. The US and Iran exchanged further fire overnight, with America’s central command stating it had hit around 90 Iranian targets in [...]
As it happened: FTSE 100 rises to defy tech gloom; oil creeps up on fresh Iran tensions July 7, 2026 Welcome back to the Morning Wire liveblog. Donald Trump warned the US will “finish the job” in Iran leaving investors unnerved as he renewed military threats following the funeral of Tehran’s former Supreme Leader Ayatollah Ali Khamenei. Brent crude – the international benchmark for oil – traded above $72 per barrel on the news, but [...]
As it happened: Stocks slide despite tech and data boost; Oil falls after OPEC+ ups output July 6, 2026 Welcome back to the Morning Wire liveblog. Markets are dealing with a double dose of pressures to start of the new week as investors brace for a crucial earnings season in the artificial sector, whilst an increase of supply on the oil market weighs on prices. Over in Asia, stock markets slipped following a week [...]
As it happened: Stocks rise as oil lower; Iran threatens ‘forceful response’ over Strait of Hormuz July 3, 2026 Welcome back to the Morning Wire liveblog. The rate of traffic flowing through the Strait of Hormuz is gradually picking back up in a major boost to the oil market. Brent crude – the international benchmark for oil prices – held steady at near $72 per barrel on Friday morning. It marked a similar level [...]
As it happened: Stocks rally after US jobs report; Oil tumbles to pre-Iran war levels July 2, 2026 Welcome back to the Morning Wire liveblog. The peace relief rally across markets ground to a halt yesterday as investors were rocked by new tensions in the Middle East that threatened all-out war re-emerging between the US and Iran. Negotiations were handed a blow as Donald Trump’s envoys Steve Witkoff and Jared Kushner arrived in Qatar [...]
As it happened: Stocks fall as US and Iran clash over Strait of Hormuz; Fed chair says inflation risk is easing July 1, 2026 Welcome back to the Morning Wire liveblog. Oil prices are holding steady above $73 per barrel after days of heightened tensions between the US and Iran ahead of peace talks in Qatar. Brent crude – the international benchmark for oil prices – posted its biggest quarterly decline since 2020 for the second quarter of the [...]