UK Pre-market Briefing — 2026-05-08: Oil Tops $100 as US-Iran Ceasefire Fractures, IAG Warns on Profits
Daily Market Briefing — AI synthesis of 30 top stories from the last 24 hours.
- Top theme: Oil surged back above $100/bbl after US and Iranian forces exchanged fire in the Strait of Hormuz, further destabilising the ceasefire Trump extended indefinitely on 21 April — the dominant macro shock driving equities, input costs and consumer confidence across sectors.
- Second theme: Energy sector in sharp focus — Shell has booked $6.9bn in profits since the Iran war began, drawing renewed calls for
Read the full story on market.news
🇬🇧 United Kingdom Stocks Briefing daily-briefing
What is your take? Drop your thoughts below. 