The port of Fujairah plays a crucial role in helping keep global supplies moving when the Strait of Hormuz is
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We will intervene on energy bills if necessary, says Miliband
Oil and gas prices have surged due to the US-Israel war in Iran, with fears over the cost of living.
Banknotes, beavers and a very British backlash
Politicians are furious Churchill will be replaced on banknotes. The RSPCA wants rats and pigeons to feature.
‘Gruesome’ war bets fuel calls for crackdown on prediction markets
Predictions markets have hosted millions of dollars of bets related to the war in Iran.
We’re not profiteering on fuel. But my staff still face abuse
Independent retailer Goran Raven says the higher oil price is “horrific” for him as well as his customers.
Chancellor to offer support over rising heating oil costs
Rachel Reeves says the Treasury is also looking at “different options” to help households most vulnerable to soaring energy bills.
Judge says ‘no evidence’ to justify Federal Reserve probe
Jeanine Pirro said she would appeal the ruling, which blocks the subpoenas she issued to the central bank.
Why has Trump eased sanctions on Russian oil – and will it help Putin?
The US said easing sanctions on Russian oil would provide only a limited financial boost to Putin.
Dharshini David: Economy on shaky ground even before Iran war
The government’s hopes that 2026 would be the year when growth picks up are at risk of being scuppered.
Petrol retailers deny price gouging accusations
Ed Miliband says the competition watchdog is primed to intervene if firms use the oil price shock to “rip off”