European stocks hit record high as Iran tensions subside January 9, 2020 European stocks nudged up to a record high this afternoon as investors reacted to a waning in Middle East tensions and renewed hopes of a US-China trade deal. The pan-European Stoxx 600 index rose as much as 0.7 per cent to hit 421.43, before easing back to just under 420. Read more: Donald Trump says [...]
World leaders blame Iran for accidentally shooting down plane January 9, 2020 World leaders have lined up to blame Iran of accidentally shooting down the Ukrainian passenger plane which crashed outside Tehran with no survivors in the early hours of Wednesday morning. Prime Minister Boris Johnson said that “there is now a body of information that the flight was shot down by an Iranian surface to air [...]
Is Elon Musk a free speech champion or a bombastic fool? Perhaps, he’s both October 31, 2022 Finally, it has happened. In a story with more drama and grandstanding than Wagner’s Ring Cycle, Elon Musk has bought Twitter for $44bn. The man himself announced the success of his deal in a tweet – of course. He has also dubbed himself “Chief Twit”, with which some may agree for the wrong reasons. There [...]
Russia ‘will survive’ if kicked out of SWIFT system, says VTB chief executive December 19, 2021 Russia's financial system would to cope even if it was disconnected from the SWIFT payments system, says VTB Bank's chief executive.
Ukraine to press Iran for return of crashed plane’s black boxes January 20, 2020 Ukraine will press Iran to hand over the black boxes from the Ukranian airliner that crashed in the country earlier this month, foreign minister Vadym Prystaiko said. Prystaiko told reporters he would tell Iranian urban development minister Mohammad Eslami, who is visiting Ukraine, that returning the black boxes would show Iran wanted an unbiased investigation [...]
What impact will Russia’s invasion of Ukraine have on oil and gas? March 4, 2022 Russia’s invasion of Ukraine is first and foremost a human tragedy. As investors though, our role is to interpret the market implications on behalf of our clients. Here, we consider the impact of the invasion on oil and gas markets. Firstly, it’s important to understand how markets stood before the invasion. Global energy markets were [...]
World leaders call for restraint as Iran promises revenge for killing January 3, 2020 World leaders have urged calm amid simmering tensions after the US confirmed it was responsible for an air strike which killed top Iranian general Qasem Soleimani in Baghdad. Iran’s Supreme Leader, the Ayatollah Khamenei, said that harsh revenge awaited the “criminals” who killed Soleimani. Read more: European stocks falter after US kills top Iranian general [...]
Khamenei says Iran missile strikes were ‘slap in face’ for US January 17, 2020 Iran’s Supreme Leader Ayatollah Ali Khamenei said in a Friday prayers sermon today that Iran’s missile strikes on US military bases in Iraq were a “slap in the face” to the superpower. Khamanei, giving his first sermon since 2012, added that the country would not bend to pressure despite the US imposing sanctions in the [...]
UK ambassador to Iran labelled ‘persona non grata’ by Iranian judges January 14, 2020 The UK’s ambassador to Iran has been called a “persona non grata” by the Islamic Republic’s judiciary, who claim he contributed to escalating anti-government tensions. Rob Macaire was detained by Iranian police this weekend for attending a vigil for those who died in last week’s plane crash in Tehran, before later being released. Gholam-Hossein Esmaili, [...]
Breezy does it: Wind output pushes down power prices while diplomacy causes oil and gas to falter February 18, 2022 Power, gas and oil prices all stutter amid stormy weather and increased hopes of diplomatic solutions to geopolitical tensions.