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10-year UK gilt yields rose to their highest level since May 21 after renewed inflation fears from heightened US–Iran tensions and US President TRUMP saying an Iran ceasefire agreement has ended, which pushed oil prices higher. Investor concern about

2026-07-08

10-year UK gilt yields rose to their highest level since May 21 after renewed inflation fears from heightened US–Iran tensions and US President TRUMP saying an Iran ceasefire agreement has ended, which pushed oil prices higher. Investor concern about UK public finances ahead of a pending change in leadership added pressure; Prime Minister Starmer said he will resign in June and frontrunner Andy Burnham has outlined ambitious plans that could make it harder to maintain strict fiscal rules, Ebury's Matthew Ryan said.

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2026-07-08

U.S. President Trump said that had he not been president, Israel would not exist today.

U.S. President Trump said that had he not been president, Israel would not exist today.
2026-07-08

Geneva-based trader Vitol is preparing to open a Caracas office to expand its role in Venezuelan oil exports following the U.S.-Venezuela oil pact reached earlier this year, sources said. Vitol and other traders have exported most of Venezuela’s outp

Geneva-based trader Vitol is preparing to open a Caracas office to expand its role in Venezuelan oil exports following the U.S.-Venezuela oil pact reached earlier this year, sources said. Vitol and other traders have exported most of Venezuela’s output this year under agreements with state oil company PDVSA; the Caracas office would initially hire about 12 staff for trading roles, a move that signals confidence that the oil arrangement will continue and could create additional commercial opportunities.
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