Strait of Hormuz Standoff: Is a Deal Finally on the Cards?
Senator Marco Rubio suggests a breakthrough in the Strait of Hormuz could be imminent. We explore what a potential 60-day ceasefire means for global trade.
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Three Sticking Points Keeping Trump and Tehran From Shaking Hands
Ten weeks into the US-Iran war, three big sticking points are blocking a deal: the length of any nuclear enrichment freeze, the Strait of Hormuz blockade, and Iran's proxies and missiles. Here is why it matters for UK wallets.
Trump Insists US-Iran Ceasefire Holds After Hormuz Fireworks (Yes, Really)
Three US destroyers traded fire with Iranian forces in the Strait of Hormuz, yet Trump insists the ceasefire is intact. Here is what happened and why it matters for UK pockets.
Project Freedom: Trump Sends the US Navy to Babysit Tankers Through the Strait of Hormuz
Trump has launched 'Project Freedom', sending 15,000 US personnel and 100+ aircraft to escort stranded vessels through the Strait of Hormuz, as Iran's 14-point peace plan is rejected and tensions ratchet up again.
World
Trump Says He's 'Not Happy' With Iran as Peace Talks Wobble Again
Trump has rejected Iran's latest peace offer, delivered through Pakistan, as nuclear enrichment remains the unbridgeable sticking point. With petrol prices climbing and military options on the table, the diplomatic stalemate is starting to bite.
World
Trump's 'We've Already Won' Iran Boast: Bravado, Blockades and a Whole Lot of Uranium
Trump insists the US has 'already won' its war with Iran, yet he's back in CENTCOM briefings weighing fresh strikes, a Hormuz operation and a special forces uranium grab. The numbers tell a more complicated story.
World
Trump Eyes 'Short and Powerful' Iran Strikes as Fragile Ceasefire Wobbles
Trump is being briefed on fresh military options against Iran, including a special forces raid on its uranium stockpile and seizing part of the Strait of Hormuz, even as a fragile ceasefire and war crime warnings hang over the conflict.
World
Brent Hits $126: Why Oil Just Had Its Biggest Wobble Since Putin Tanks Rolled Into Ukraine
Brent crude has spiked nearly 7% to $126 a barrel, its highest since 2022, after reports that Trump is about to be briefed on fresh military options against Iran. Here's what it means for UK wallets.
News
Trump, Oil and the Art of the Tango: Why Crude Keeps Dancing to the President's Tune
Oil prices have surged from $72 to over $112 a barrel since the US-Iran conflict began, and Trump's market-moving social media posts appear to be losing their grip on increasingly sceptical traders.
News
Petrol Prices Smash Through 150p for the First Time in Two Years and Your Wallet Can Feel It
UK petrol prices have broken through 150p per litre for the first time since May 2024, driven by the Middle East conflict. Diesel has surged even harder, up nearly 25% in under a month.
News
Israel Claims It Took Out Iran's Navy Chief Behind the Hormuz Blockade
Israel claims to have killed Alireza Tangsiri, the IRGC navy commander behind the Strait of Hormuz blockade, in a pre-dawn strike on Bandar Abbas. Iran has not confirmed his death.
News
Oil Prices Plunge as Trump Announces Iran Peace Talks That Iran Says Are Not Happening
Oil prices crashed over 10% after Trump claimed productive peace talks with Iran were underway and ordered a five-day strike pause. Tehran flatly denied any negotiations, calling the claims psychological tactics and fake news.