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The Latest Breaking News from Kathleen Brooks

Oil shoots up as Trump says Iran ceasefire ‘over’

LONDON - Oil prices soared anew and stock markets slid on Wednesday after US President Donald Trump said the ceasefire with Iran was over, following renewed strikes in the Middle East.

Bangkok Post

FTSE 100 up as DAX hits record high in Frankfurt

The FTSE 100 closed up 26.16 points, 0.3%, at 10,679.03.

Evening Standard

FTSE 100 dips as bonds struggle after Burnham win

The FTSE 100 closed down 36.43 points, 0.4%, at 10,363.27.

Evening Standard

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FTSE 100 nudges up ahead of expected US rate hold

The FTSE 100 closed up 14.40 points at 10,508.61.

Evening Standard

Oil prices dip close to levels seen before Iran war on hopes over shipping route

The cost of benchmark Brent crude dropped as low as 79.61 dollars a barrel at one stage.

Evening Standard

Oil price hits $100 as Brent Crude rises over 4 per cent. Will rate go further up?

US and Iran have been working on an agreement to end the Middle East war and reopen the crucial waterway to tanker and cargo traffic since a fragile ceasefire on April 8.

The Economic Times

Pound heads for worst week in 18 months as Burnham lines up Labour bid

UK government borrowing costs jump amid political uncertainty and oil price rise that fuelled inflation worries

The Guardian - UK

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FTSE 100 falls back amid renewed US-Iran tension

XTB’s Kathleen Brooks said ‘the market mood is very different at the start of the week compared to Friday’.

Evening Standard

Oil price plummets as Iran declares Hormuz open

‘For stock and bond market bulls around the world, this is the perfect end to the week,’ said Kathleen Brooks, research director at XTB.

Evening Standard

Oil prices jump back above $100 a barrel after Trump orders blockade of Strait of Hormuz

Stock markets have not reacted as fiercely as they did at the start of the conflict amid belief US-Iran talks may resume

The Independent UK

Gas prices soar as Shell plant damaged in attack on Qatar energy site

British energy giant Shell said the attack caused damage to a facility that is important to the firm.

Evening Standard

FTSE 100 closes lower as Iran war sends price of oil rocketing

The index closed down 98.31 points, 0.9%, at 10,305.29.

Evening Standard

Oil and gas production shutdowns in Iraq and Kuwait widen the Iran war's impact on energy prices

The U.S. plans to offer tanker and cargo insurance in a scramble to get exports moving—and ease prices.

Fortune

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

The Independent UK

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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

Why natural gas prices has spiked by 93 per cent and what the impact might be for UK

A Qatari gas plant shutting has stoked fears of an energy crisis as attacks across the Gulf continue

Evening Standard

FTSE 100 falls and oil price rises after Trump’s warning to Iran

Evening Standard

FTSE 100 edges up after Trump backs down on Greenland tariffs threat

The FTSE 100 index closed up 11.96 points, 0.1%, at 10,150.05.

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Evening Standard

Stocks rally as Trump calms Greenland rhetoric

The FTSE 100 index closed up 11.31 points, 0.1%, at 10,138.09.

Evening Standard

Stocks hit by Greenland worry and Japan bond slump

The threat of tariffs from US President Donald Trump continued to weigh heavy on European markets.

The Guardian - UK

US energy stocks rise as Trump vows to unlock Venezuela’s oil

Oil price rises despite fears US president’s pledge could deepen global supply glut

Evening Standard

Stocks rise as inflation dips and oil price rebounds

The headline Consumer Prices Index rose 3.2% year-on-year in November, slowing from 3.6% in October.

The Guardian - UK

December cut to UK interest rates ‘nailed on’ after economy shrinks unexpectedly by 0.1% in October – as it happened

Disappointing UK GDP report shows economy contracted by 0.1% in both September and October

Evening Standard

FTSE 100 falters as investors mull outlook for UK economy

It comes as Rachel Reeves told Sky News that she is looking at both tax rises and spending cuts in the upcoming Budget.

Evening Standard

FTSE 100 finishes lower as political woe in Paris jolts CAC 40

The FTSE 100 index closed down 12.11 points, or 0.1%, at 9,479.14.

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