Oil prices leap and stocks fall amid US-Iran strikes over Hormuz
Brent crude jumps 3.4% and European markets drop, with airlines including Ryanair among hardest hitBusiness live – la...
Europe considering proposals to allow navigational fees in strait of Hormuz
Plans specify tolls must not be compulsory, as US officials urge Iran to make public statement that strait is open an...
Babcock says Brexit and Covid beset Royal Navy contract as profits plunge
Underlying operating profits down 19% with 2019 frigate-building programme making loss, firm reportsBusiness live – l...
Normal shipping will not resume in strait of Hormuz until 80 mines cleared
Tanker owner trade body says centre of strait will remain closed for ‘some time’, with vessels risking running agroun...
Has the US really carried out a secret mission to get oil through Hormuz?
Trump says hundreds of tankers have escaped Iran’s blockade. Data suggests shipments are increasing but many question...
French navy boards Russia-linked oil tanker in Atlantic – video
France has released footage that appears to show French naval commandos boarding a ship suspected of being part of Ru...