U.S President outlines five key goals met or nearly met; shifts Hormuz security burden to regional allies and users
Markets
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Finance
UK Borrowing Costs Hit Highest Since 2008 as Iran War Fuels Inflation Fears and Rate-Hike Bets
by Dean Dougnby Dean Dougn10-year gilt yields surge to 5% amid energy shock; markets now price in multiple BoE hikes by year-end
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Futures & Commodities
Oil Prices Steady Near $108 as U.S. Eyes Sanctions Relief on Iranian Crude Tankers
by Daphne Dougnby Daphne DougnTreasury signals potential release of 140 million barrels to cap near-term spike; analysts warn of $130+ if Hormuz stays shut
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MARKETSWorld Markets
U.S. Stocks Slide Toward Fourth Straight Losing Week as Iran War Escalates with Troop Buildup
Dow drops 239 points, S&P and Nasdaq weaken amid $100+ oil and fresh Gulf strikes; quadruple witching adds volatility
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Stoxx 600 erases early gains amid energy shock fears; UK gilt yields hit 17-year highs
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Futures & Commodities
Europe and Japan Pledge Action to Secure Strait of Hormuz, Stabilize Soaring Energy Prices
by Daphne Dougnby Daphne DougnMajor economies step up as Iran war escalates with strikes on key LNG and oil facilities, pushing Brent to $113
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Christine Lagarde walks back optimism; medium-term forecasts revised upward amid energy shock
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Futures & CommoditiesMARKETSWorld Markets
U.S. Stocks Slide as Oil Surges to $112 on Iran-Qatar Energy Escalation
by Dean Dougnby Dean DougnDow drops 432 points, S&P breaches 200-day average amid stagflation fears and stalled Hormuz reopening
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Stoxx 600 sinks amid gold/silver sell-off and inflation fears; Equinor surges 8% on earnings and Arctic find
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BUSINESSMARKETS
Fed Holds Rates, Warns Iran War Adds ‘Uncertain’ Inflation Risks
by Dean Dougnby Dean DougnPowell signals caution as oil-driven price pressures complicate rate-cut outlook for 2026 and beyond.