North Sea oil prices have surged to record levels after Donald Trump accused Iran of breaching an agreement to reopen the Strait of Hormuz.
UK Petrol Station Stocks Hit Three Year Low Amid Middle East Conflict
Fuel stocks across United Kingdom petrol stations have declined to their lowest levels since the Ukrainian crisis of December 2022, according to the latest data from the Department of Energy
Oil Markets Brace for Uncertainty as Trump Deadline Tests Iran Negotiations
Global crude oil prices have surged in anticipation of a critical diplomatic deadline imposed by US President Donald Trump on Iran regarding access to the Strait of Hormuz, one of
Easter Weekend Fuel Crisis Looms as Drivers Face Record Petrol Price Inflation
The United Kingdom faces a critical petrol shortage at the pumps during the Easter weekend, with retail experts warning of potential diesel shortages within weeks. The confluence of heightened demand,
Fuel prices surge ahead of Easter getaway
Motorists heading away for the Easter weekend are facing rising fuel costs, as the Iran conflict continues to push prices higher.
Fuel Costs Surge: Diesel Fill-Ups Break £100 Barrier
The cost of refuelling a standard diesel family car has climbed past £100 per tank for the first time in over three years, highlighting the growing financial strain on households
UK Petrol Crisis Deepens as Panic Buying Triggers Pump Shortages and Price Surge
The United Kingdom faces an escalating fuel crisis as motorists engage in panic buying behaviour, causing temporary shortages at petrol pumps across supermarket forecourts. Asda, the nation’s second-largest fuel retailer,
Russian banking system branded a “time bomb” as bad loans surge
Russia’s financial system is facing a looming crisis, with its banking sector described as a “time bomb” amid tightening sanctions and soaring interest rates, according to reports from The Moscow
Oil price drop bellow $60 renders Russian price cap ‘irrelevant’
The Kremlin can now largely disregard the G7’s price cap on Russian oil exports, as the global benchmark price has fallen below $60 a barrel.
The Kremlin is desperately hoping that Trump’s return will bring an end to the war.
Russia’s sudden eagerness to engage with U.S. President Donald Trump’s efforts to end the war in Ukraine comes as no surprise. The Kremlin is desperate for the conflict to conclude,
Mercedes-Benz warns that its 2025 profits will be ‘significantly’ lower.
Mercedes-Benz has announced a cost-cutting initiative after profits fell by nearly a third, driven by a slowdown in its electric vehicle (EV) business.
Russia’s government has removed the temporary ban on most gasoline exports.
Russia’s government announced on Saturday that it had lifted the temporary ban on most gasoline exports supplied by producers while extending restrictions for other exporters, including independent traders and resellers,