The US implemented a naval blockade on Iranian ports last Monday following failed peace negotiations in Pakistan. Oil prices briefly surpassed $100 per barrel but have since settled back down to around the $96 mark. Iran exported more than 1.8 million barrels per day...

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Market sentiment improved last Wednesday after the announcement of a two-week ceasefire between the US and Iran, agreed in exchange for the safe passage of shipping through the Strait of Hormuz. Brent crude fell sharply on the announcement, dropping around 15% to...

Once again, developments in the Middle East and announcements from the US administration in relation to the conflict continued to dominate global market headlines. Comments made at the start of last week suggested that an end to the war could be in sight, and this...

The war in the Middle East has now entered its fourth week, with knock-on effects rippling through global markets. Oil prices remain highly volatile as investors are trying to price in the uncertainty surrounding the duration of the war and the speed at which...

The conflict in the Middle East dominated the news again last week, as energy prices have continued to rise and equity markets have gone further into the red. European gas prices rose 30% last Thursday morning after the news broke that an Iranian missile had hit...

Last week's focus remained on the developing situation in the Middle East. Since the conflict began on 28th February, markets have become increasingly sensitive to the resulting energy shock. The Strait of Hormuz remains largely closed, meaning flows through a passage...

The headlines last week were dominated by the ongoing conflict in the Middle East. Shipping traffic flowing through the Strait of Hormuz, one of the most important oil bottlenecks in the world, has effectively come to a standstill. When operating as normal, the...

On Friday 20th February, the US Supreme Court ruled that the majority of the tariffs imposed by the US government last year were illegal and in breach of a 1977 law (the International Emergency Economic Powers Act) designed to address national emergencies only. The US...

The price of Brent crude oil has risen above $70 for the first time in almost seven months, following talks between the US and Iran in Geneva last week. The negotiations have centred around constraining Tehran's nuclear programme in exchange for US sanctions relief....