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oil sector

  • BP toasts to ‘exceptional’ oil trading after Iran volatility

    April 14, 2026

    Energy giant BP has forecast “exceptional” results in its oil trading division after a period of volatility in prices triggered by the war in the Middle East. The FTSE 100 oil major said upgraded its outlook on Tuesday, which marks a sharp recovery from the “weak” performance reported in the final quarter of 2025. The [...]

  • FTSE 100 Live: Stocks uneven as Trump’s Strait of Hormuz blockade begins

    April 14, 2026

    Good morning and welcome back to the CityAM liveblog. Markets were rocked yesterday by the US’ blockade of the Strait of Hormuz, adding a new layer of tensions to the weeks-long conflict in the Middle East. Vice-President JD Vance has accused the Iranian government of engaging in an “act of economic terrorism” through its [...]

  • FTSE 100 Live: Stocks tumble amid Trump’s Strait of Hormuz blockade

    April 13, 2026

    Good morning and welcome back to the CityAM liveblog. Markets are returning from the weekend to a major blow in hopes of a ceasefire in the Middle East. After Donald Trump revealed his two-week reprieve on strikes whilst negotiations begin, those very talks now look to be hanging by a thread. Vice President JD [...]

  • ‘A whole civilisation will die tonight’: Trump ramps up Iran threats as deadline draws nearer

    April 7, 2026

    Donald Trump has dialled up his threats on Iran warning a “whole civilisation will die tonight” ahead of his latest looming deadline for Iran. The chaotic sentiment has rocked markets across Europe after indexes struggled to find direction during early trading. The FTSE 100 see-sawed between gains and losses as the City market returned from [...]

  • FTSE 100 Live: Dow Jones joins City in red; Oil soars on Iran war fears

    April 2, 2026

    Good morning and welcome back to the CityAM liveblog. After a dose of optimism hit markets on Wednesday, that looks to all be eradicated come this morning. In a 19-minute long address to the nation, Donald Trump vowed to “finish the job” in Iran and warned the country would be hit “extremely hard” in [...]

  • Bank of England: UK economy risks ‘large and overlapping’ shocks

    April 1, 2026

    The Bank of England has issued a major warning that the financial system is facing increasing risks of “large, frequent and potentially overlapping shocks” amid the volatility from the Middle East war‘ and ongoing market risks’s impact on energy and global markets. In the latest meeting of the central bank’s Financial Policy Committee top officials [...]

  • FTSE 100 Live: Stocks boom as Trump signals end to Iran war; Starmer eyes closer ties to EU

    April 1, 2026

    Good morning and welcome back to the CityAM liveblog. President Trump has made his clearest indication yet that the war in Iran might soon come to a close, saying the US will “leave” Iran in “two to three weeks” when they are certain the regime will not be able to build a nuclear weapon [...]

  • FTSE 100 Live: Stocks inch up; Fuel shortage fears hit airlines; Unilever nears food deal

    March 31, 2026

    Good morning and welcome back to the CityAM liveblog. Oil prices are on track for its biggest monthly gain on record for March following the outbreak of war in Iran. It comes as the war in Iran continues to cause ripples through the market, with Brent crude – the international benchmark for oil prices [...]

  • US gearing up for ‘weeks of ground operations’ in Iran

    March 29, 2026

    The US military is reportedly gearing up for “weeks of ground operations” in Iran in a move that will destroy optimism garnered over the last week that a peace deal could be on the horizon. Sources at the Pentagon have told the Washington Post that the potential operations would not amount to a full invasion, [...]

  • FTSE 100 Live: Stocks slip; Justeat caught in CMA crackdown on reviews

    March 27, 2026

    Good morning and welcome back to the CityAM liveblog. Another pause has been slapped on Donald Trump’s pledge to “obliterate” Iranian power plants, should the nation not re-open the Strait of Hormuz. The President took to social media last night and said talks between the US and Iran were “ongoing” and “going very well,” [...]

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