The Iran war’s global energy shocks are proving to be a boon for Russia — and may also benefit Tehran. To cope with the shortfall of oil supply from the Middle East, Washington last week lifted sanctions on Russian oil that was already in tankers, a move that caught Kyiv ...
The prices of metals both precious and industrial fell Thursday as the Iran war roiled global commodities markets. The selloff hit copper and palladium, joining gold and silver, which have fallen since the war began. Gold is typically seen as a safe-haven asset, but surging oil prices have spurred concerns ...
Japanese Prime Minister Sanae Takaichi heralded her warm ties with US President Donald Trump in a White House meeting on Thursday, but the strain in the countries’ alliance was evident. Even as Trump praised Japan for joining several Western countries in pledging to help stabilize global energy markets, he said ...
Central bankers in major economies are voicing concerns about the risk of inflation stemming from the war in Iran. The US Federal Reserve Chair spoke of an accumulation of shocks — “the tariff shock, the pandemic, and now an energy shock” — that blunts progress on fighting inflation. The European ...
Desperate to rein in oil prices as they broke $119 a barrel early this morning, the Trump administration teased new plans to free up additional supply. Treasury Secretary Scott Bessent told Fox Business his department may soon lift sanctions on “about 140 million barrels” of Iranian oil already in transit. ...
We all see money differently, writes advice columnist Eleanor Gordon-Smith. If you want your friends to see it your way, you’ll have to communicate it Read more Leading questions I’m a university student with a good part-time job. I make about $250 a fortnight and I have always been taught ...
Speaking at a news conference, the Israeli leader said Trump had requested that there be no further such attacks. ...
Just under 100 ships have passed thorough the Strait of Hormuz since the start of March, according to data analysed by BBC Verify. ...
Treasury Secretary Scott Bessent broached waiving sanctions on oil already at sea, which would be a stunning reversal of longstanding American policy. ...
Denmark’s public broadcaster reports that the US operation to seize Venezuela’s leader sparked fears it would act against Greenland. ...