Shapps: UK will not allow Red Sea to become ‘no go’ area for shipping December 24, 2023 The UK and allies will not allow the Red Sea to become a “no go” zone for shipping and will step up efforts to tackle Iran’s “malign influence”, Cabinet ministers have said.
Oil prices suffer weekly fall for first time in two months amid Iran-US talks February 18, 2022 Oil prices are heading for a weekly fall for the first time in nearly two months, following further losses on both major benchmarks.
RAF jets downed attack drones in Iranian action against Israel, Sunak confirms April 14, 2024 RAF jets shot down “a number of” attack drones after Iran launched an unprecedented assault on Israel, Rishi Sunak has confirmed, saying the fallout in regional stability would have been “hard to overstate” if fewer projectiles had been intercepted.
Nuclear pact: UK to work ‘flat out’ to prevent Iran’s nuclear plans, says Truss November 29, 2021 Negotiations between global powers in Vienna today mark the “last opportunity” to breathe life back into the 2015 nuclear pact, the foreign secretary has warned. Speaking at a press briefing earlier today, foreign secretary Liz Truss said that the UK will “work flat out to prevent the Iranian regime from gaining nuclear weapons” – with [...]
FTSE 100 today: London markets poised for red start as Middle East tensions escalate; investors await more details on the crisis April 19, 2024 Middle East tensions rattled markets in the Asian session following ABC News reports of Israeli missile strikes in Iran. Oil and gold prices surged while bitcoin dropped below $60,000. However, an Iranian official denies the missile attack reports, adding to the uncertainty. Market focus now shifts to UK retail sales data and speeches by Bank of England officials Ramsden and Breeden.
Boris Johnson tells Iran to ‘face up to consequences’ of its drone attack August 2, 2021 Boris Johnson has called for Iran to “face up to the consequences” of its drone attack on an oil tanker that killed two people. It comes after Iran’s ambassador to the UK was today summoned to the Foreign Office in the wake of the attack, which saw a British national killed. The UK has said [...]
Iran accused of attempting to disrupt Scottish Parliament election May 3, 2021 Iran has been accused of pushing disinformation online in an attempt to interfere in the Scottish Parliament election. A report by the right-leaning foreign affairs think-tank the Henry Jackson Society found that “Iran’s activities in cyber space are designed to attack the constitutional integrity of the United Kingdom”. “There appear to be elements within Iran [...]
Oil prices bounce back despite ongoing Iran talks May 24, 2021 Oil prices rose sharply today as economists predicted that the surge in demand due to the lifting of Covid-19 restrictions would offset any supply bump should sanctions against Iran’s oil be waived. In recent days prices have been trending downwards on the news that talks between Iran and the US on reinstating the former nuclear [...]
Iran says Natanz nuclear site hit by terrorism April 12, 2021 An incident at Iran’s Natanz nuclear facility yesterday was caused by an act of “nuclear terrorism”, the country’s nuclear chief Ali Akbar Salehi said, according to state TV, adding that Tehran reserves the right to take action against the perpetrators. Israel’s Kan public radio cited intelligence sources, whose nationality it did not disclose, as saying [...]
FTSE 100 today: London shares to open lower amid fading US rate cut hopes, Middle East tensions April 16, 2024 Asian stocks faltered after Wall Street's tech slump, while oil prices surged due to Middle East tensions. China's Q1 GDP soared at 5.3 per cent, yet March's new home prices plummeted. Additionally, the yen hit its lowest level since 1990. Eyes are now on the UK employment data and Fed Chair Powell's speech.