BBC World Business Report

Tensions in the Gulf as US seizes Iranian ship

Loading player...
Global financial markets have headed south again after tensions between the US and Iran took a turn for the worse over the weekend. American forces attacked and then seized an Iranian cargo ship just east of the Strait of Hormuz, and Iran has responded by saying it will retaliate.

Plus, the BBC’s Nick Marsh has been looking at a story that’s been quietly building in financial markets. Traders placing big bets just before major announcements by US president Donald Trump, including during the Iran war. BBC analysis suggests it may be happening more often than we thought.
20 Apr 11AM English United Kingdom Business

Other recent episodes

US consumer confidence and electric vehicles

US consumers are feeling less confident about their economy than at any other time. We hear from researchers and businesses about why war in the Middle East is making households fearful of the cost of living and rising energy prices. And, we hear from one of the bosses of electric…
24 Apr 6PM 26 min

Expect global markets to fall, says Bank of England

The Bank of England expects stock markets around the world to fall as share prices are not reflecting the many risks facing the world economy, so says the Bank of England Deputy Governor and head of financial stability Sarah Breeden. It is unusual for a senior figure at the Bank…
24 Apr 11AM 10 min

Is a $110bn Paramount–Warner deal about to reshape Hollywood?

Shareholders of Warner Brothers Discovery have approved its sale to media conglomerate Paramount Skydance, with the merger valued at $110 billion. Rahul Tandon looks at what the deal could mean for competition, content and consumers. Also, BP suffers a shareholder rebellion over climate reporting. And Meta announces plans to cut…
23 Apr 6PM 25 min

Warner Brothers Discovery agree to Paramount acquisition

The shareholders of Warner Brothers Discovery have voted yes to an hundred billion dollar acquisition by Paramount. After fighting off Netflix to reach an agreement, the vote for Paramount became a formality....but then the next battle begins with the regulators. Tens of thousands of employees of Samsung have been protesting…
23 Apr 11AM 11 min

Iran seizes cargo ships in Strait of Hormuz

Iran has seized two cargo ships and warned that reopening the Strait of Hormuz will be “impossible” if a US blockade continues. Sarah Rogers asks what that means for the US and hear from a business operating inside Iran. We also hear how businesses are expecting to benefit from a…
22 Apr 6PM 27 min
All episodes