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Chris Wright, the US energy secretary, on Tuesday afternoon declared a huge potential breakthrough for energy…
Around 2230 GMT, the West Texas Intermediate (WTI) was up 5.03 percent…
Traders work on the floor of the New York Stock Exchange.
NYSE
Stock futures traded near the flatline Tuesday night ahead of key consumer inflation data.
Futures tied to the Dow Jones Industrial Average lost 6 points. S&P 500 futures added 0.04%,…
Good morning and welcome back to FirstFT Asia. In today’s newsletter:
Oil shock tests Japan’s Sanae Takaichi
China’s petitioners battle to be heard
The radio station sending mystery messages to Iran
We begin in Tokyo, where oil market turmoil…
Amsterdam, Netherlands – Reacting to the news that disruption to global fertilizer supply chains caused by Iran’s effective closure of the Strait of Hormuz may lead to a global food price shock, Amanda…
The rise in diesel prices in the capitals, some as high as 230 cents a litre, was going to be detrimental to agriculture, mining and transport, NRMA spokesperson Peter Khoury said.
“Every corner of the economy will see prices go up,” he…
UK inflation could end the year higher than previously expected at 3% because of the US-Israel war in Iran, the government’s economics watchdog has said.
David Miles, a senior figure at the Office for Budget Responsibility (OBR), said inflation…