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INSANE: 15 | Vintage Vibes

FTSE 100 rallies as inflation fears ease

The FTSE 100 index closed up 162.72 points, 1.6%, at 10,412.24.

The Independent UK

Is Crude Oil Price Going Down Soon Amidst Iran Conflict? Trump Declares 'War Is Almost Over'

Oil prices surged amid Iran conflict fears but fell after Donald Trump said the war could end soon, easing concerns about supply disruptions in the Strait of Hormuz.

International Business Times UK

UK, Germany and Italy ‘working together’ to navigate commercial shipping through strait of Hormuz - as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

From analysis to the latest developments in health,
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Oil prices fall and Asia markets rebound after Trump says Iran war will end ‘soon’

Trump says war against Iran is ‘very complete’ but US and Israel haven’t quite ‘won enough’ yet

The Independent UK

Australian shares pare early gains for modest rebound

Hopes of a timely end to the Middle East conflict sparked a relief rally on the local bourse, but the optimism was limited, capping gains by the close.

AAP

Stocks Recover as Oil Retreats From $119: Stock Market Today

How high the price of crude oil rises and how long it stays there are critical questions for market participants and policymakers alike.

Kiplinger

The two major money worries from Middle East instability

INDEPENDENT MONEY: Business and Money Editor Karl Matchett explains how Middle East instability could push up energy bills and mortgage rates – and what it might mean for your finances – in the latest Independent Money newsletter

The Independent UK

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French President Macron Announces 'International Mission' To Reopen Strait Of Hormuz: 'Purely Defensive'

French President Emmanuel Macron announced on Monday an "international mission" to escort ships across the Strait of Ormuz and help reopen the key waterway as energy prices soar as a result of the war in Iran.

Latin Times

FTSE 100 plummets further as oil prices soar above $100 a barrel

Oil prices surged past $100 a barrel for the first time since the summer of 2022

The Independent UK

Oil prices race above 100 dollars a barrel as Iran conflict escalates

Brent crude soared by 17% to more than 108 dollars a barrel, having at one stage reached nearly 120 dollars a barrel for the first time since 2022.

Evening Standard

Rachel Reeves warns fuel retailers not to make ‘excess profits’ from oil crisis; G7 ‘stands ready’ to release crude reserves – as it happens

Finance ministers from G7 countries resist pressure to release emergency oil stocks at video call today

The Guardian - UK

Oil Prices Hit $100 as Middle East War Threatens 20% of World Oil Supply

Crude oil prices hit $110 amid Middle East tensions, risking a global energy crisis. Discover how market volatility impacts global economies and energy supplies.

International Business Times UK

Why has the Iran war sparked fears of stagflation for the global economy?

Conflict in the Middle East risks knocking growth worldwide and boosting prices, economists warn, amid global market turbulence

The Guardian - AU

ASX closes after $90bn wiped from sharemarket amid spike in oil prices over Middle East crisis

Benchmark S&P/ASX 200 closes down by 2.85%, marking the single biggest one-day drop since Donald Trump’s ‘liberation day’ tariffs announcement

The Guardian - AU

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news in one place.

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AAP

'Fear is stalking markets': ASX plunges amid Iran war

The ASX200 has dropped almost three per cent, wiping out all its gains for the year amid the spiralling war in Iran.

The Independent UK

Crude oil prices surpass $100 a barrel as the Iran war impedes production and shipping

Oil prices have jumped past $100 a barrel as the Iran war disrupts oil production and shipping in the Middle East

The Independent UK

Oil prices rocket in biggest weekly gain for six years as Middle East conflict escalates

Warnings issued that oil and gas production in the Gulf could be halted entirely in the coming days, as commodity prices and stock markets are being hammered

Kiplinger

Dow Drops 453 Points as Crude Oil Tops $90: Stock Market Today

Rising energy prices and a stalling employment situation have markets weighing the unwelcome prospect of stagflation.

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news in one place.

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The Guardian - UK

Iran war pushes oil price above $90, threatening rise in global inflation

Reports Kuwait was cutting output pushed up cost of barrel of Brent crude to highest weekly gain since Covid pandemic began

Evening Standard

Stock markets tumble as oil prices surge in biggest weekly gain since 2020

Benchmark Brent crude prices shot up by as much as another 7% to over 91 US dollars a barrel at one stage.

The Independent UK

Asia shares are mixed following Wall Street's losses, as oil edges lower

Asia shares are mixed following a mild retreat on Wall Street, while the price of oil fell more than $1 after reaching the highest level since the summer of 2024

AAP

Middle East war wipes $120b from local share market

Australia's share market has posted its worst weekly drop in almost a year, as oil prices continue to surge on the back of widening conflict in the Middle East.

International Business Times UK

White House In Crisis Mode As Gas Prices Surge, Iran War Widens And Americans Left Stranded Overseas

The escalating conflict with Iran is causing global oil shocks, diplomatic crises, and economic disruptions, affecting energy markets and American citizens abroad.

The Guardian - UK

Stock market falls resume as US-Israel war with Iran drives up oil and gas prices

FTSE 100 and France’s CAC down 1.5%; Germany’s DAX and Italy’s FTSE MIB down 1.6%; the Dow Jones was down 2%

AAP

Australian shares bounce on talk of Iran war slowdown

Hopes of potential de-escalation in the Middle East and US assurances around crude supply have supported a lift in equities, despite a fresh wave of attacks.

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