U.S. and Iran exchange fire in Strait of Hormuz
The U.S.-Iranian ceasefire agreement is in danger of falling apart after Tehran targets ships in the Strait of Hormuz. The flare-up sees the UAE also engage Iranian missile and drone fire. Unicredit h...
5 Touko 24min
U.S. navy to guide stricken tankers through Strait of Hormuz
U.S. President Donald Trump pledges to help guide stranded tankers through the Strait of Hormuz, using as many as 15,000 troops and 100 aircraft. The European Commission is mulling a response after Pr...
4 Touko 26min
ECB, BoE hold rates steady in face of inflation threat
Both the ECB and the BoE decided to hold interest rates steady but warn that a June hike could be on the cards should inflation pressures connected to the Iran crisis escalate. The S&P 500 and Nasdaq ...
1 Touko 30min
Brent surges to 4-year high as Trump eyes blockade extension, strikes
Brent crude oil hits a war-time record of more than $123 per barrel after Axios reports U.S. President Trump is to be briefed on potential further strikes on Iran after rejecting Tehran’s offer to re-...
30 Huhti 26min
Deutsche Bank and UBS post record quarterly results
Two of Europe’s key lenders enjoy stellar quarterly results on the back of market volatility. Deutsche Bank hikes revenue guidance after record profits while UBS notches a profit increase of 80 per ce...
29 Huhti 26min
Trump slams Iranian moves to postpone nuclear talks
U.S. President Donald Trump voices displeasure at Iran’s proposal to postpone nuclear talks until after the conflict ends. Meanwhile, German Chancellor Friedrich Merz slams U.S. strategic aims in Iran...
28 Huhti 27min
Trump urges Iran to reopen talks
President Trump says Iran can pick up the phone after cancelling his envoys’ negotiation trip to Pakistan. Axios reports Tehran is to table a new proposal to end the conflict and reopen the Strait of ...
27 Huhti 24min
Trump heralds Israel-Lebanon ceasefire extension
U.S. President Donald Trump hails a three-week ceasefire extension between Israel and Lebanon and that he is willing to wait until an appropriate deal is reached with Iran in order to re-open the Stra...
24 Huhti 26min
