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Oil price hits one month high as Trump plumps for ‘extended blockade of Iran’; UK exports to Middle East tumble – business live |...

Introduction: UK exports to Middle East drop 20 % since war beganGood morning, and welcome to our rolling coverage of business, the financial markets,...

UK faces £35bn hit and risk of recession this year over impact of Iran war, thinktank warns | Economics

Britain is facing a £35bn economic hit and the risk of a recession this year as the fallout from the Iran war adds to...

UAE quits Opec in win for Trump as oil cartel weakened | Opec

The United Arab Emirates has quit the Opec oil cartel after 60 years of membership, in a heavy blow to the group and its...

BP profits double after ‘exceptional’ oil trading during Iran war – business live | Business

Introduction: BP profits double as Iran war drives up energy pricesGood morning, and welcome to our rolling coverage of business, the financial markets and...

Claire’s to close remaining UK stores on Tuesday with more than 1,000 job losses | Retail industry

Jewellery and accessories chain Claire’s is closing its final UK stores on Tuesday with the loss of more than 1,000 jobs and ending three...

Goldman raises oil price forecasts as Iran war deadlock continues; Shell buying Canada’s ARC in $13.6bn deal – business live | Business

Goldman Sachs raises oil price forecast as war disruption hits productionThe deadlock in the Middle East confict has prompted Goldman Sachs to raise its...

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