Fuel prices at the pump are not declining as quickly as expected despite a recent pullback in oil prices, according to the RAC.
Iran says Strait of Hormuz open — but not for its “enemies”
Iran has said the Strait of Hormuz remains open, but warned that access will be restricted for countries linked to its “enemies”.
UK borrowing costs rise three times faster than rest of Europe
The closure of the Strait of Hormuz by Iran’s Islamic Revolutionary Guard Corps represents the most significant disruption to global oil supplies in recent history. President Trump’s administration appears to