Oil hits $108 as Gulf states postpone talks with Iran over Hormuz
Deferred meeting on vital waterway comes on top of Saudi pipeline closure following drone attack last week
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Global AI stocks under pressure as safety fears erupt
South Korea’s tech-heavy Kospi slides as Wall Street is set to open lower
Oil hits $108 after Gulf states postpone talks with Iran over Hormuz
Delay to crunch meeting sets back efforts to restore shipping through vital waterway
Global AI stocks slip on concerns over risks
OpenAI backer SoftBank falls as much as 13% after tech leaders call for slowdown of development
Essar strikes deal to buy 118 UK petrol stations
Purchase by owner of Stanlow refinery comes as BP and Shell retreat from forecourts globally
Oil price surge revives prospect of Bank of England rate rise this year
Investors expect BoE to hold borrowing costs this week but signal a possible increase later in the year