Andy Burnham has been warned that the UK economy could barely grow next year if disruption in the Strait of Hormuz continues until the end of 2026.Treasury sources have ...

Donald Trump secretly swapped planes as he left a Nato summit in Turkey last month in response to a possible Iranian threat, US media report.The US president boarded Air ...

Donald Trump said the Strait of Hormuz would open "very soon" or Iran would be "hit very hard" as oil prices fell to a three-week low amid hopes of ...

Despite the big rise in profits, BP chief executive Meg O'Neill said the company was not reaching its full potential.BP, which employs nearly 14,000 people in the UK, confirmed ...

Shell's profits for the second quarter of the year have more than doubled after the Iran war pushed up oil prices.The oil giant posted profits of $9.84bn (£7.37bn) for ...

The Bank of England has kept interest rates unchanged for the fifth meeting in a row but has indicated it could raise them if the Iran war escalates.It expects ...

BBC Verify looks at video showing the aftermath of US strikes at ports across Iran. Source link

By Monday afternoon, the price of Brent stood at $90.60 a barrel, down more than 6% for the day.Susannah Streeter, chief investment strategist at Wealth Club, said markets were ...

The US launched a wave of strikes against Iran for the sixth night in a row, its military said, as the two sides battled over control of the Strait ...

Belma, which had previously been sanctioned by the US under a former name for links with Iran, entered the Gulf on Tuesday after passing through the Strait of Hormuz, ...

While the new MoU text, as read out by the White House to the BBC and other media organisations, states that Iran "reaffirms that it shall not procure or ...

The Federal Reserve held US interest rates between 3.5% and 3.75% after Kevin Warsh's first meeting in charge of the central bank.Fed governors were split on whether to keep ...