Oil price tops $126 a barrel after Trump warns Iran blockade could last ‘months’
Markets spooked as US president appears willing to keep up naval blockade and Iran keeps Hormuz strait all but shut
Global strategy intelligence for operators
Core economic metrics updated hourly
Real-time business headlines
Markets spooked as US president appears willing to keep up naval blockade and Iran keeps Hormuz strait all but shut
Brent crude falls 1.2% after rising to $126.41 a barrel, highest since March 2022 on report US is considering military options against Iran
Whitbread to call time on restaurants in UK and Ireland blaming higher costs and taxes for latest strategic reset
Some travellers spent hours in lines at airport, with kiosks not working, little seating and few staff on hand to help
Consumer insight tracker shows 85% are worried about food prices and a majority think the economy will deteriorate
Data unavailable.
Data unavailable.
Dollar Index at 98.72 (+0.25% vs prior close).