Finance News – U.K.
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Ed Miliband forced to look again at North Sea oil and gas
The government is reconsidering regulatory adjustments for North Sea oil and gas operations to potentially reduce consumer energy costs and impact investment in the sector’s future...
Read Full Article →Shell boss warns of ‘huge impact on trade’ if Israel-Iran conflict escalates
Disruptions in the strategic maritime route essential for a significant portion of global oil transport may lead to volatility in energy prices and widespread consequences for inte...
Read Full Article →Shell and BP: FTSE 100 giants get analyst backing after oil surge
The recent rise in oil prices amid geopolitical tensions has led to increased investor confidence and positive analyst recommendations for major energy companies within the FTSE 10...
Read Full Article →The first North Sea oil is pumped ashore in Britain – archive, June 1975
The commencement of oil extraction in the North Sea marked a pivotal moment that contributed significantly to Britain's economy by enhancing energy independence and generating subs...
Read Full Article →Oil trades at four-month high as Israel-Iran conflict enters sixth day
The recent escalation in the Israel-Iran situation has contributed to a notable increase in oil prices, influencing global markets and potentially affecting energy-related expenses...
Read Full Article →World’s largest banks pledged $869bn to fossil fuel firms in 2024, new report finds
In 2024, leading global financial institutions substantially raised their monetary support to companies in the coal, oil, and gas sectors, increasing total investments by over $160...
Read Full Article →UK petrol prices poised to rise as Israel-Iran conflict pushes up cost of oil
The ongoing Israel-Iran tensions have increased oil costs, potentially leading to higher fuel expenses for UK consumers despite a recent decline in Brent crude prices due to hopes...
Read Full Article →The fallout from Israel’s strikes on Iranian energy sites
Disruptions to Iran's oil and gas facilities have the potential to increase volatility in global energy prices and impact economic stability in affected regions.
Read Full Article →Oil in the new age of volatility
Rising energy costs are expected to challenge efforts to reduce inflation and may limit the central bank's ability to implement interest rate reductions in the near future.
Read Full Article →How the Israel-Iran attacks could impact the global economy
Tensions between Israel and Iran may disrupt key oil supplies and shipping routes in the Middle East, potentially causing fluctuations in global markets and affecting international...
Read Full Article →Oil and gold prices soar and stock markets fall after Israel’s attacks on Iran
The recent military actions in the Middle East have led to a marked rise in commodity prices, particularly crude oil and precious metals, while global equity indices experienced no...
Read Full Article →Why oil traders are watching the Strait of Hormuz
The possibility of interruptions in a key maritime passage has caused crude oil prices to increase, highlighting the waterway's critical role in global energy markets and supply ch...
Read Full Article →Oil surges after Israel’s attack on Iran
The recent military action has driven oil prices higher, reflecting concerns among market participants about potential disruptions to energy exports in the affected area.
Read Full Article →Conservatives vow to end oil and gas windfall tax
Ending the additional tax on oil and gas profits could impact government revenue while potentially encouraging increased investment and production within the energy sector.
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