Europe News
BP Profit Quadruples as Iran War Sends Refining Margins Higher
BP’s quarterly profit quadrupled as Iran war disruptions lifted oil prices and refining margins, while net debt fell…
oil prices
Europe News
EU Oil Import Bill Jumps as Middle East Tensions Drive Prices Higher
The EU’s oil import bill rose 55.8% in the second quarter of 2026 as Middle East tensions pushed…
Europe News
Oil Prices Fall Sharply as Iran Diplomacy Raises Hopes of Easing Regional Supply Risks
Oil prices fell more than 6% as diplomatic efforts involving Iran raised hopes of easing regional supply risks,…
Europe News
Oil rises above $113 as AI stock sell-off drives investors into bonds
Oil rises above $113 as Middle East tensions lift energy costs, while an AI stock sell-off pushes investors…
News
Oil Market Tensions: Crude Prices Hover Near Five-Month High
Oil prices remain near a five-month high as traders weigh Strait of Hormuz risks against resilient Persian Gulf…
Europe News
St Kitts and Nevis Faces Inflation Pressure as Oil Costs Rise Despite Tourism Growth
St Kitts and Nevis is forecast to grow, but rising oil prices and geopolitical tensions could push inflation…
World News
Iran War: Strait of Hormuz Ship Attacks Reach Record High
Ship attacks around the Strait of Hormuz have reached a record weekly high, disrupting oil shipments and raising…
Europe News
Middle East Oil Exports Recover Despite Strait of Hormuz Disruption
Middle East oil exports excluding Iran have returned to pre-war levels, but Strait of Hormuz risks and elevated…
Europe News
TotalEnergies increases share buybacks and targets higher dividends through 2030
TotalEnergies plans $2.5bn in share buybacks and dividend growth above 5% annually through 2030 as high oil prices…
World News
Iran-US Deal: Strait of Hormuz Could Reopen Within Seven Days
Iran says the Strait of Hormuz could reopen within seven days if the US accepts conditions linked to…
Europe News
European Markets Face Renewed Pressure From Oil Volatility and Higher Bond Yields
European markets face renewed pressure from oil volatility, higher bond yields, ECB policy and changing EU trade relationships.
Europe News
Global Markets Turn Mixed as Oil Volatility and US Bond Yields Weigh on Investors
Global markets turned mixed as oil prices remained elevated and US Treasury yields rose, renewing concerns about inflation…
World News
Riyadh Missile Attack: Houthi Strikes Disrupt Saudi Airport and Raise Oil Fears
Houthi forces claim missile and drone attacks on Riyadh as Saudi air defences respond and airport disruption raises…
News
Houthis Seize Red Sea Islands as Oil Supply Risks Grow
Houthi militants have seized two strategic Red Sea islands, raising fears over shipping disruption, Yemen’s humanitarian crisis and…
Europe News
Oil prices rise above $108 after Hormuz vessel attack and Saudi pipeline shutdown
Oil prices climbed above $108 after a vessel attack in the Strait of Hormuz and Saudi Arabia’s temporary…
World News
Oil Prices: Yemen Houthi Gains Raise Global Supply Fears
Saudi Arabia’s pipeline shutdown and Houthi gains in Yemen are raising global oil supply concerns, with possible effects…
Europe News
Trump hardens Iran peace terms as Hormuz disruption keeps pressure on Europe
Trump’s tougher Iran demands could prolong Hormuz disruption, raising fresh risks for European energy prices, trade flows and…
Europe News
BP profit surges as higher oil prices expose Europe’s energy dilemma
BP’s quarterly profit more than doubled as oil prices surged, underscoring Europe’s continuing exposure to global energy shocks.
Europe News
Oil rebounds as European markets eye steadier open after Wall Street rally
Oil prices rose again as European markets looked set for a steadier open after Wall Street rallied on…
Europe News
Trump says Iran faces ‘last chance’ as Strait of Hormuz tensions rattle energy markets
Trump says Iran has a ‘last chance’ for a deal, as conflicting claims over talks raise fresh concern…