Brent crude jumps 4% towards $100 a barrel after Iran closes the Strait of Hormuz in response to Israeli strikes, threatening 20% of global oil and gas supplies. Read more: Oil price surges towards $100 as Middle East ceasefire begins to unravel
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Brent crude climbs above $111 a barrel as fears grow that US-Iran negotiations may collapse before President Trump’s Wednesday deadline, threatening further disruption to global energy supplies. Read more: Oil price surges past $111 as Strait of Hormuz deadline looms
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The Bank of England warns the Iran war could trigger a financial crisis, with rising mortgage costs, inflation and market volatility hitting UK households. Read more: Bank of England warns Iran war could trigger financial crisis risks
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Dyson reports £440m sales decline due to US tariffs and weak demand, but profits rise after cost cuts and continued investment in innovation. Read more: Dyson hit by £440m sales drop as Trump tariffs bite
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BlackRock CEO Larry Fink warns oil at $150 could trigger a global recession, as energy costs, inflation and geopolitical risks reshape the economic outlook. Read more: Blackrock chief warns $150 oil could trigger global recession
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UK borrowing costs surge to highest since 2008 as gilt yields hit 5%, driven by energy price spikes and inflation fears linked to Middle East conflict. Read more: UK borrowing costs hit highest level since 2008 as markets reel from energy shock
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Strong demographics, rising premium demand and supportive regulation are positioning Sharjah’s private education market as a long-term investment opportunity. The post Sharjah’s private K-12 sector attracts investor attention as enrolment tops 251,000 appeared first on Gulf Business.
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When force majeure is declared, companies may temporarily halt deliveries or operations without being considered in breach of contract The post Why force majeure is spreading across Gulf energy markets appeared first on Gulf Business.
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Market cap stands at roughly $1.1tr across both exchanges The post Dubai, Abu Dhabi stocks plunge after trading halt appeared first on Gulf Business.
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Global financial markets have been rattled by the conflict, with both the emerging market equities and currency indexes falling to three-week lows The post Brent crude tops $85 for first time since 2024 appeared first on Gulf Business.
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