JPMorgan has said it is struggling to predict oil prices amid the conflict involving Donald Trump and Iran, after previously assuming that economic thresholds such as $100 a barrel would act as limits on US policy.
New safety rules require North Sea workers to weigh no more than 19.5 stone while fully clothed so they can be winched to safety during an emergency....
Japan has increased its interest rate to a new 31-year high as policymakers seek to contain rising prices. The move comes amid a wider international r...
Interest rates have been left unchanged for a sixth consecutive time, while the Bank of England has indicated that persistently high energy prices cou...
An analysis has examined how rising energy costs linked to an escalating Saudi oil crisis could affect the global economy and contribute to higher pri...
UK inflation has risen as higher petrol and diesel prices added to wider price pressures, with summer holiday costs and disruption to global oil suppl...
Satellite imagery has shown significant damage to a major oil pipeline, with experts warning its closure could reduce supplies by up to 3.6 million ba...
UK inflation has risen by 2.9%, reaching its highest level for four months, with higher energy bills identified as the main driver and economists havi...
Oil climbed to $105 a barrel while gas and borrowing costs also rose, as concern increased that the conflict involving Iran may not be settled quickly...
Virgin's Branson has said rising flight prices are being driven by higher fuel costs caused by Middle East tensions and what he described as “foolish...
The governor of the Bank of England has warned that artificial intelligence could contribute to a worldwide economic downturn, citing volatility linke...
Burnham has warned that conflict in the Middle East could affect UK economic growth next year, with oil and fuel prices rising and supply chains disru...
BP has reported its highest profits in four years after higher oil prices strengthened its results, while environmental groups accused the company of...
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