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Oil prices

Economy

Which food prices could rise as war and heatwaves hit supplies?

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Markets

World markets mixed as oil and gold rise ahead of US inflation data

Oil prices climbed and Wall Street pulled back from record highs, while South Korea's Kospi surged more than 4% on renewed chip-buying, as markets brace for a crucial US inflation reading.

Markets

Oil prices rise as Trump and Iran trade reparations demands

Oil prices and US government bond yields both climbed on Tuesday after US President Donald Trump answered Iran's demand for war reparations with a sweeping counterclaim of his own, pushing a deal to reopen the Strait of Hormuz further out of reach.

Markets

Oil prices rise as traders assess US-Iran Strait of Hormuz deal

Crude gains as traders watch for progress in US-Iran talks that could pave the way for a deal to secure passage through the Strait of Hormuz.

Business

BP profit more than doubles as Middle East conflict boosts oil prices

British energy giant BP said on Tuesday that its net profit more than doubled in the second quarter as the Middle East war roiled oil and gas markets.

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Markets

Oil rebounds as markets trade mixed following Wall Street rally

European markets opened slightly higher on Tuesday morning, while Asia-Pacific shares were mixed overnight following a Wall Street rally supported by easing oil prices.

Markets

Oil prices lower on Middle East hopes and as OPEC+ boosts production

Oil prices were lower on Monday morning after OPEC+ boosted production for September and US President Donald Trump called off a planned strike on Iran, putting downward pressure on prices.

Economy

Spain inflation rises to 3.5% in July on fuel and electricity prices

Rising fuel and electricity prices push inflation up to 3.5% in July, while core inflation also edges up by 0.1 points.

Europe in Motion

Which countries are most exposed to Hormuz crisis fuel price swings?

After a brief reprieve in the wake of a ceasefire deal between the US and Iran, the crisis in the Strait of Hormuz has sent oil prices spiralling again. Europe in Motion breaks down the European countries with the most significant fluctuations.

Markets

Oil prices plunge as US and Iran pause strikes over Strait of Hormuz

Oil prices eased in early trading on Monday, falling further from a two-month high set last week, after the United States and Iran refrained from launching military strikes in the Persian Gulf.

Iran

Tanker attacked in Strait of Hormuz as US strikes Iran for 10th night

As fighting escalates between both sides, Iran's interior minister travelled to Pakistan, a key mediator in the conflict, for talks.

Markets

Oil prices rise as fighting between US and Iran intensifies

Oil prices rose on Monday morning as fighting between the US and Iran intensified, fuelling concerns over disruptions to energy shipments through the Strait of Hormuz.

Markets

Oil prices extend run higher as fighting flares in the Middle East

Oil prices climbed early Tuesday as fighting intensified in the Middle East, while Asian shares declined, dragged lower by losses for artificial-intelligence stocks.

Markets

Oil prices jump and shares slip as US and Iran carry out airstrikes

Oil prices jumped and Asian shares were mostly lower on Monday after the US carried out airstrikes and Iran retaliated.

Markets

Oil jumps as Trump declares Iran ceasefire over, European stocks slide

Crude oil prices rose more than 6% to a two-week high after US President Donald Trump declared the interim accord to end the war with Iran "over", while fresh US military strikes renewed concerns about oil supplies through the Strait of Hormuz.

Markets

Asian stocks rally after Dow sets fresh record

Asian markets pushed higher on Friday after the Dow Jones Industrial Average closed at another record high, with several AI and related chip stocks staging a rebound even as others extended their recent slide.

Markets

Asian stocks slide on chip sell-off as markets await US jobs data

Asian markets mostly fell on Thursday as a heavy sell-off in chip shares spread across the region, while European stocks opened flat and US futures pointed lower ahead of a closely watched American jobs report.