LHR shut after massive electrical fire

LHR shut after massive electrical fire

London’s Heathrow is shut with all flights cancelled or diverted following a massive sub-station fire knocks out power to the airport and to nearby neighbourhoods. The Dow and S&P 500 are slightly in the green to eke gains for the week but U.S. equities remain under pressure. DoubleLine Capital’s Jeffrey Gundlach believes a recession is a possibility. Brussels delays retaliatory tariffs on the U.S. by two weeks, pushing for further dialogue with the Trump administration. And in shipping news, Hapag-Lloyd suffers a 19 per cent fall in FY profits. CEO Rolf Habben-Jansen tells CNBC tariffs concerns are weighing on the sector.

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Jaksot(1819)

Israel claims to have eliminated Iranian nuclear threat

Israel claims to have eliminated Iranian nuclear threat

Israel continues to increase air strike on Iran overnight. Prime Minister Benjamin Netanyahu says the country’s uranium enrichment capabilities have been destroyed but signals the possibility of a gro...

20 Maalis 27min

Iran strikes Qatar's largest LNG export site

Iran strikes Qatar's largest LNG export site

Iran strikes Qatar’s main LNG facility – one of the world’s biggest – following an Israeli attack on the giant South Pars gas field. President Trump has warned of stern intervention should retaliatory...

19 Maalis 26min

France hints at aid to secure Strait of Hormuz

France hints at aid to secure Strait of Hormuz

We hear exclusively from French finance minister Roland Lescure who says his country would be willing to aid the U.S. in securing the Strait of Hormuz but would require the conflict to de-escalate fir...

18 Maalis 27min

President Trump says his focus is on the conflict in the Middle East as he looks to postpone China trip

President Trump says his focus is on the conflict in the Middle East as he looks to postpone China trip

President Trump looks to postpone his China trip, saying his focus remains on the conflict in the Middle East. The U.S. leader also hits out at European allies after several reject his demand to help ...

17 Maalis 28min

Trump calls for Strait of Hormuz support

Trump calls for Strait of Hormuz support

President Trump calls on allies to help secure the Strait of Hormuz with exports through the vital oil chokepoint remaining effectively halted, while European foreign policy chief Kaja Kallas criticiz...

16 Maalis 30min

Crude closes above $100 for first time in 4 years

Crude closes above $100 for first time in 4 years

Oil settles about $100 per barrel for the first time since 2022 after Iran’s new Supreme Leader Mojtaba Khamenei pledges to keep the Strait of Hormuz closed. U.S. Energy Secretary Chris Wright and Tre...

13 Maalis 26min

Oil markets on high alert despite record IEA stockpile release

Oil markets on high alert despite record IEA stockpile release

Oil prices have pulled back from $100 a barrel following several attacks on merchant vessels in the Gulf. Two tankers have been reportedly attacked overnight in Iraqi waters. The IEA announces its lar...

12 Maalis 24min

Oil whipsaws on tanker escort confusion

Oil whipsaws on tanker escort confusion

Oil prices swing after the White House says the U.S. Navy did not escort a tanker through the Strait of Hormuz. The denial corrected a now-deleted social media post by Energy Secretary Chris Wright. T...

11 Maalis 26min

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