United Kingdom & BNP Paribas

United Kingdom: The United Kingdom was closely behind the United States as a target for cross-border M&A, with UK corporates also looking outward for deals.

BNP Paribas: BNP Paribas' head of UK M&A, Kirshlen Moodley, noted increased outward-looking activity from UK corporates.

United Kingdom: The United Kingdom, as a G7 member, welcomed the breakthrough and emphasized the importance of restoring freedom of navigation in the Strait of Hormuz. Prime Minister Keir Starmer pledged to work with partners to support the agreement.

BNP Paribas: BNP Paribas does not anticipate a return to pre-war oil prices, viewing $75 per barrel as a 'durable floor' given ongoing supply losses and higher demand, offering a cautious outlook on oil price stability.