Iran's mining and likely seizure of a Greek-owned tanker in the Strait of Hormuz heightens risks for UK and EU oil supply chains and impacts London market volatility.
US military strikes on Iranian targets escalate tensions, raising concerns over energy security and market stability in London and the EU.
The US is pushing to restore an Iraq-Syria oil pipeline to bypass the Strait of Hormuz, aiming to reduce Iranian influence and impact UK and EU energy markets.
US President Trump cancels planned strikes on Iran amid potential diplomatic deal, impacting UK and European energy markets and sterling exchange rates.
Iran has submitted a 14-point peace plan to the US amid ongoing Middle East conflict, with London markets weighing potential impacts on sterling and European trade.
Israeli naval forces detained humanitarian aid ships from the Global Sumud Flotilla heading to Gaza, raising concerns over regional trade routes and market reactions in London.
US forces seized an Iranian cargo ship in the Gulf of Oman, escalating US-Iran tensions and raising concerns for UK-EU trade routes and sterling market stability.