European natural gas futures opened higher on Tuesday as markets monitored escalating tensions in Iran following President Donald Trump’s threat of military action should the Strait of Hormuz remain closed
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The United States and Iran have both received a ceasefire proposal through Pakistan that could facilitate the reopening of the Strait of Hormuz, according to Reuters sources familiar with the
Iran’s blockade of the Strait of Hormuz has now extended beyond four weeks, presenting significant challenges to global energy markets and prompting Gulf states to reconsider their long-term infrastructure strategies.
Britain has taken a firm diplomatic stance against Iran’s attempt to impose transit fees on commercial vessels navigating the Strait of Hormuz, with Foreign Secretary Yvette Cooper declaring that the
Prime Minister Sir Keir Starmer has signalled that Britain’s long-term national interest demands a significantly closer relationship with the European Union, framing the deepening crisis in the Middle East as
