Browsing: Middle

Crude oil prices hit highest levels in four weeksCrude oil prices have hit their highest levels in four weeks, as Washington and Tehran traded attacks and…

Bank of England leaves interest rates on holdNewsflash: The Bank of England has voted to leave UK interest rates on hold.In a decision widely expected by…

Saudi Arabia’s state oil company reported a 26% jump in profits in its first quarter as its east-west pipeline allowed it to ship millions of barrels…

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…

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…

A “system malfunction” has caused several self-driving robotaxis to stall in the middle of the road in China, police have confirmed, after distressed riders were stranded…

Lunchtime summaryAs the clocks ring noon in the City of London, here’s the situation.European and Asia-Pacific stock markets have rallied sharply, after Donald Trump signalled that…

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…

Tehran has said it will “irreversibly destroy” essential infrastructure across the Middle East, including vital water systems, if the US follows through on Donald Trump’s threat…

Mornings begin with a silent inventory, conducted in the dark before the curtains are drawn: can I breathe easily today? The question is stripped of all…