Latest market news

Independent UK financial coverage with full source attribution.

Geopolitics

Iran holds Hormuz shut indefinitely as US strikes continue and ECB raises rates

A highly active European session dominated by Middle East military escalation, an ECB rate increase, surging wholesale inflation data, and elevated but volatile crude prices.

15 sources
Geopolitics

Iran-Israel hostilities halt; KOSPI surges 8% on semiconductor rebound

A volatile overnight session dominated by Middle East de-escalation, a sharp Korean equity rebound, and a wave of major corporate announcements including the OpenAI IPO filing and GSK's $9bn-plus Nuvalent approach.

14 sources
Geopolitics

Iran and Israel exchange direct missile strikes, Brent crude surges to $95.43

A highly active overnight session dominated by Iran-Israel military escalation, a sharp Asian equity selloff led by Korean chipmakers, and renewed oil price gains.

15 sources
Geopolitics

US strikes Iranian Hormuz sites as strait traffic falls to near zero

A turbulent week dominated by Persian Gulf military escalation, a sharp US equity selloff on strong jobs data, and SpaceX's record IPO filing alongside sweeping new US tariff proposals.

14 sources
Geopolitics

Hormuz blockade deepens as US-Iran peace talks collapse entirely

A week defined by renewed US-Iran military escalation, a stalled Strait of Hormuz, a landmark SpaceX IPO filing, and fresh US tariff proposals on 60 nations.

14 sources
Geopolitics

Kushner-linked $1.6bn Albania resort faces SPAK probe as thousands protest

Albania's anti-corruption prosecutor opens investigation into the Kushner-linked coastal resort as thousands protest in Tirana.

3 sources
Geopolitics

Iranian strikes on Kuwait airport and US bases lift oil; tariff threat widens

A volatile European session dominated by Middle East escalation, new US forced-labour tariff proposals on 60 nations, and a stronger-than-expected ADP jobs print.

15 sources
Geopolitics

US intercepts Iranian missiles over Kuwait as ceasefire talks stall

A tense European session dominated by escalating US-Iran military exchanges, rising oil prices, and divergent equity moves tied to Nvidia's PC chip launch.

14 sources
Geopolitics

Israel expands Lebanon ground offensive; oil rises above $93 on ceasefire uncertainty

An active overnight session dominated by Middle East escalation, with oil prices rising sharply, yen weakness persisting, and emerging Asian equities reaching record highs on AI demand.

14 sources
Geopolitics

British couple jailed in Iran lose espionage appeal

Craig and Lindsay Foreman, serving 10-year sentences in Tehran's Evin prison, have lost their appeal against espionage convictions, their family says.

3 sources
Geopolitics

US-Iran ceasefire MOU reached as Hormuz shipping collapses to 10% of normal

A volatile weekend dominated by competing US-Iran diplomatic and military signals, major oil inventory warnings, and a sharp tech earnings divergence centred on Dell and Zscaler.

15 sources
Geopolitics

Streeting backs North Sea drilling and NI cut in leadership pitch

Former UK health secretary Wes Streeting called for new North Sea oil and gas licences and a targeted cut to employers' national insurance, distancing himself from Keir Starmer's government.

3 sources
Geopolitics

US strikes Iranian targets near Hormuz for second time this week

European session dominated by Middle East escalation, with crude surging and equity futures under pressure ahead of in-line US PCE data.

14 sources
Geopolitics

US-Iran military clashes in Strait of Hormuz whipsaw oil markets

A volatile European session dominated by conflicting signals from US-Iran military clashes and concurrent diplomatic negotiations, with oil prices swinging sharply and equities mixed.

15 sources
Geopolitics

US military strikes Iranian targets; Brent surges 2.34% to $98.39

A volatile overnight session dominated by conflicting US-Iran signals, lifting crude and complicating European open sentiment.

14 sources