More results...
With gas more than $6 in state, delivery of about 2m barrels is last planned shipment to pass through strait of HormuzMiddle East crisis – live updatesThe average price of a gallon of gas in California already stands at more than $6, but more uncertain…
Approval for exploration in 70 new areas prompts fierce backlash from fossil fuel opponents The Norwegian government has been heavily criticised for approving plans to reopen three North Sea gasfields nearly three decades after they were closed to hel…
Firms raising prices at fastest rate in three years, driven by soaring energy and wage bills but also extra materials costsBusiness live – latest updatesOil prices fall as Trump hails ‘progress’ on Iran dealAirlines and other companies are increasingly…
US president says war will end if Tehran agrees to deal, but that ‘bombing starts’ again if it does notOil prices fell and stock markets rose as Donald Trump said the war with Iran would end and the strait of Hormuz would be “open to all” if Tehran str…
In today’s newsletter: The brief US effort to steer trapped vessels through the waterway put the fragile ceasefire under strainGood morning. Uncertainty once again reigns in the Middle East. The uneasy ceasefire between the US and Iran threatened …
Heidi Alexander says part of answer to strait of Hormuz crisis is importing more fuel from US and west AfricaA refinery in Nigeria accused of dismissing workers for joining a union has emerged as key to the UK government’s hopes of saving the summer ho…
While interest rate rises can’t affect the surging price of oil caused by Middle East turmoil, they are still the Reserve Bank’s best – and only – tool to fight inflationFollow our Australia news live blog for latest updatesGet our breaking news email,…
Carriers examining which flights can be cancelled with least disruption under plans to avoid summer travel chaosUK airlines will be able to cancel or consolidate flights this summer under new plans to conserve jet fuel as the war in the Middle East con…
Analysts say Americans have now paid $21.7bn more to fill their tanks since the start of the US war on IranExxon and Chevron quarterly earnings fall despite soaring oil pricesSign up for the Breaking News US newsletter emailThe average price for a gall…
Yara CEO warns of global auction that would leave poorest countries scrambling for supplies they can ill affordThe Iran war could have “dramatic consequences”, causing food shortages and price rises in some of Africa’s poorest and most vulnerable commu…