Browsing: Global

The global oil price hit $126 a barrel on Thursday, its highest level since 2022, after Donald Trump said the US blockade of Iranian ports could…

California’s jet fuel supply has dropped to a level not seen since 2023, as turmoil in the Middle East continues to squeeze the global oil market.As…

A further escalation in the Iran war could trigger a global recession that would affect the UK more than any of the other G7 nations, the…

March saw the largest increase in global energy inflation in at least 25 years, UBS findsThe Iran war has led to the biggest rise in global…

The head of the International Monetary Fund has warned that the Iran war will permanently scar the global economy even if a durable peace deal in…

Closing postTime to wrap up…The boss of Abu Dhabi’s state-owned oil company has warned that the strait of Hormuz is “not open” despite the US-Iran ceasefire…

The war with Iran is throwing the Middle East into turmoil. Missiles and drones dominate the headlines, but another casualty is emerging: the global university. In…

The International Monetary Fund has warned that “all roads lead to higher prices and slower growth worldwide” should the conflict in the Middle East continue to…

The polio virus was detected in London sewage for the second time this year, days before ministers withdrew funding for global polio eradication efforts.Its detection reveals…

To shield ordinary Indians from the war in Iran, the government in Delhi redirected supplies of liquefied gas to Indian families, for which it is the…