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As Trump suggests Middle East oil disruption is not his problem, experts say talk of US ‘energy independence’ is a smokescreen – with consumers paying the priceA month has passed since the US and Israel’s war on Iran all but closed the strait of Hormuz…
From farms in New Zealand to factories in Delhi, the effects of the oil crisis triggered by the Iran war are rippling across Asia Continue reading…
Brent crude rises 8% as US president vows to hit Iran ‘extremely hard’ over coming weeksBusiness live – latest updatesOil prices have soared after Donald Trump vowed in a televised speech to hit Iran “extremely hard” over the coming weeks, knocking hop…
In today’s newsletter: Britain’s refusal to be drawn into the Iran war has triggered a backlash from the White House, with the president’s fury exposing the fragility of this once unshakeable partnershipGood morning. Another week, another tirade ag…
Australian prime minister Anthony Albanese announces GST revenue on fuel sales to be used to reduce fuel costs by a combined 32 cents a litreFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podca…
The argument for transitioning to renewables seems stronger than ever – and yet, attacks mount on the carbon price scheme that underpins the EU’s success at cutting pollution• Don’t get This Is Europe delivered to your inbox? Sign up hereOn the one han…
US president’s claim that conflict is nearing end prompts 15% drop in Brent crude and stock market climb in AsiaBusiness live – latest updatesOil prices tumbled and stock markets have rallied across the world after Donald Trump said the war in Iran wou…
Check how much petrol prices have risen since the US and Israel’s war on Iran began in late February Get our breaking news email, free app or daily news podcastHundreds of service stations across Australia have run empty, fuel prices are elevated and o…
In today’s newsletter: As conflict engulfs Iran, shifting global alliances and soaring energy prices are reshaping the existing power balances that could redefine the next stage of international security Good morning. So far, there is only one clear…
Adelaide has the biggest price decline, with unleaded down 24.9 cents and diesel down 21.3 centsFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastFuel prices started to fall immediately acr…