Rolling coverage of the latest economic and financial news

Rising oil prices and continued instability linked to the conflict involving Iran are increasing financial pressure on parts of Europe’s airline industry, prompting concerns over…

Oil prices rise to $90 amid US-Iran tensions. Crude oil reaching a new all-time high by December 31 at 14.5% YES.

Rolling coverage of the latest economic and financial news

Ryanair shed more than a third of its profit as the rising jet fuel prices caused by the Iran war began to take effect.

Analysts warn oil market may be underestimating risk to supply from latest escalation

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Oil price briefly breached $90 a barrel mark on Sunday before easing after Iran said talks continue

Oil prices wobble as shipping traffic in the Strait of Hormuz comes almost to a halt