Gold rallies to near-two month high as Middle East conflict intensifies June 13, 2025 Investors were flocking to gold on Friday after Israel’s attack on Iran sparked a demand for the safe haven asset. The rush sent gold prices up one per cent to their highest level in nearly two months at $3,441.90 The bullion pulled on track for a weekly gain as the Middle Eastern conflict ramped up. [...]
FTSE 100 and sterling take a hit after Israel strikes Iran June 13, 2025 The FTSE 100 and pound tumbled Friday morning after Israel launched a flurry of strikes targeting Iran’s nuclear programme. The UK’s blue-chip index was down 0.6 per cent during early trading, led by a slump in the airline sector. BA parent IAG and low-cost airline Easyjet were down nearly four per cent following the crash [...]
Oil prices surge after Israel attacks Iran June 13, 2025 Oil prices spiked by more than nine per cent following Israeli strikes targeting Iran’s nuclear programme, in the most dramatic jump in more than three years. Meanwhile, the price of gold hit $3,427 – up 1.2 per cent during Asian trading hours. Israel launched strikes on Tehran early on Friday, rekindling fears of a full-scale [...]
Israeli ministers face UK sanctions over Gaza stance June 10, 2025 Israeli ministers Itamar Ben-Gvir and Bezalel Smotrich were sanctioned by the UK government over “monstrous” comments on Gaza and the use of violence to expand control in the West Bank. Ben-Gvir, Israeli security minister, and Smotrich, the finance minister, will face financial sanctions – their assets will be frozen – as well as a travel [...]
Netanyahu attacks Starmer for siding with ‘mass murderers’ May 23, 2025 Israeli Prime Minister Benjamin Netanyahu has accused the UK, France, and Canada of being “on the wrong side of humanity” and claimed that their recent statements criticising Israel suggest “they want Hamas to remain in power.” Netanyahu also claimed Prime Minister Keir Starmer, French President Emmanuel Macron, and Canadian leader Mark Carney have taken the [...]
UK halts trade talks with Israel May 20, 2025 The UK has paused trade deal negotiations with Israel in response to its military offensive in Gaza, the foreign secretary has said. Speaking in the Commons, David Lammy confirmed that negotiations with the Israeli government over a bilateral trade pact have been put on ice until the country ensures “unhindered provision of aid”. “We have [...]
Israel launches military operation in Gaza to pressure Hamas to release hostages May 17, 2025 The Israeli government said it has launched a new military operation in the Gaza Strip to increase the pressure on Hamas to release the remaining hostages. Defence minister Israel Katz said Operation Gideon Chariots is under way and is being led with “great force” by Israel’s army. The announcement comes after days of intensive strikes [...]
Israeli cabinet ministers to vote on whether to expand Gaza fighting May 4, 2025 Israeli cabinet ministers are meeting to vote on whether to intensify military operations in the Gaza Strip, as the army began to call up thousands of reserve soldiers, officials said. Plans to escalate fighting in Gaza more than 18 months after the war erupted come as a humanitarian crisis in the territory deepens. As part [...]
Netanyahu says Israel has ‘no choice’ but to continue fighting in Gaza April 20, 2025 Israeli prime minister Benjamin Netanyahu said Israel has “no choice” but to continue fighting in Gaza and will not end the war before destroying Hamas, freeing the hostages and ensuring that the territory will not present a threat to Israel. The prime minister also repeated his vow to make sure Iran never gets a nuclear [...]
Iran rejects direct negotiations with US after Donald Trump letter March 30, 2025 Tehran has rejected direct negotiations with the US in response to a letter from Donald Trump over its rapidly advancing nuclear programme, the president of Iran has said. The remarks from Masoud Pezeshkian represented the first official acknowledgement of how Iran responded to Trump’s letter. It also suggests that tensions may further rise between Tehran [...]
