FTSE 100 Live: Stocks to slide as Iran and US clash over control of Strait of Hormuz
2 outlets - including Kalkinemedia and Cityam - are covering this story. Highlights London shares are facing renewed geopolitical pressure as tension around the Strait of Hormuz keeps global oil supply risk in focus. Energy producers can gain support from firmer crude markets, while airlines, transport groups an…
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FTSE 100: Why Is the Strait of Hormuz Back in Focus?
Highlights London shares are facing renewed geopolitical pressure as tension around the Strait of Hormuz keeps global oil supply risk in focus. Energy producers can gain support from firmer crude markets, while airlines, transport groups an…
FTSE 100 Live: Stocks to slide as Iran and US clash over control of Strait of Hormuz
Welcome back to City AM liveblog. Oil prices broke above $89 per barrel on Wednesday morning, notching the sixth consecutive sessions amid mixed signals around a potential deal between the US and Iran. The regime in Iran has said that the U…