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The Latest Breaking News from Kathleen Brooks

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

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.

Evening Standard

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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

The Independent UK

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.

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

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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.

Evening Standard

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

The Guardian - UK

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.

Evening Standard

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

The Guardian - UK

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.

Evening Standard

FTSE 100 held back by weak oil after bright start

The FTSE 100 index closed up 0.2% at 9,299.84.

Evening Standard

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International Business Times

The Nations And Firms Threatened By Trump's Pharma Tariffs

Donald Trump has shocked the global drug industry by announcing 100-percent tariffs on all branded, imported pharmaceutical products -- unless companies are building manufacturing plants in the United States.

Evening Standard

Political unease sparks increase in UK bond yields as FTSE 100 dips

The possibility of a political challenge to Sir Keir Starmer could put the pound under pressure, analysts warned.

The Guardian - UK

UK hit by fresh sell-off in government bond markets as pound weakens

Yield on 30-year gilts hit highest level since 1998, indicating it will cost UK more to borrow from markets

Evening Standard

Stocks slide and pound dives as bond yields spike

The FTSE 100 index closed down 79.65 points at 9,116.69.

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news in one place.

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One news app.

Fortune

Embattled BP beats on earnings as it touts selling oil, not cups of coffee, poking fun at its former CEO

BP has a long way to go, but its quarterly profits show the British oil giant is heading in the right direction.

The Independent UK

Stocks rocked by tariffs and weak US jobs data

The FTSE 100 index closed down 64.23 points at 9,068.58.

The Independent UK

FTSE 100 takes breather ahead of tariff deadlines

For the week, the FTSE 100 rose 1.4%, hitting a new all-time high.

Evening Standard

Worries over future of Chancellor hit UK stocks, the pound and bond markets

A sharper fall for the FTSE 250 typified a drab day for more UK-focused stocks.

Fortune

Here's why oil markets are relatively muted from the Israel-Iran conflict

The biggest key is that Israel has yet to touch Iran's oil-exporting facilities.

Evening Standard

London stocks climb higher after ‘watershed’ spending review

The FTSE 100 index closed up 11.27 points, 0.1%, at 8,864.35.

International Business Times

Tokyo Stocks Rise As BoJ Holds Rates Steady

Japanese stocks rose Thursday as the central bank kept its key interest rates steady as expected, in thin trade with most Asian markets shut for the May 1 holiday.

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