Strait of Hormuz remains largely closed as Iran war disrupts Gulf energy flows
The Strait of Hormuz remains largely closed to commercial traffic as the war involving Iran continues to disrupt Gulf energy flows. The strategic waterway is one of the world's most important energy chokepoints, and the continuing closure is keeping oil and gas shipments constrained. The disruption is also feeding through to global markets, with Brent crude remaining elevated.According to the supplied material, Iran and Oman agreed last week on a temporary maritime route, but there has been no lasting reopening. Iran has said the strait will not fully reopen until the United States fulfils its commitments under a lapsed interim... [Continue Reading]
360LiveNews | 30 Aug 2026 06:30 LONDON
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European close: DAX leads gains as Brent slides, sterling softens and palladium surges
Executive summary: European equities finished mixed but broadly firmer, led by a strong DAX advance and gains in the Euro Stoxx 50, while the FTSE 100 was essentially flat and the CAC 40 slipped. The session also featured a sharp drop in Brent crude, a softer euro and pound against the dollar, and a notable jump in palladium, underscoring a cross-asset picture shaped by shifting energy, metals and FX moves. [Continue Reading]
360LiveNews Markets Intelligence | 28 Aug 2026 16:45 LONDON
European markets open mixed as DAX outperforms, CAC 40 lags, and commodities send a split signal
Executive summary: European trading opened with a clear divergence: Germany’s DAX rose while the FTSE 100, CAC 40 and Euro Stoxx 50 slipped. The move came alongside a sharp drop in Brent crude, a jump in natural gas and silver, and a softer euro and pound against the dollar. The pattern points to a market still balancing growth hopes, energy-price relief, and caution around policy and sector rotation. [Continue Reading]
360LiveNews Markets Intelligence | 28 Aug 2026 08:15 LONDON
