Oil
Oil at three-week high as US-Iran peace talks stall – business live
Oil at three-week high as US-Iran peace talks stallGood morning, and welcome to our rolling coverage of business, the financial markets, and the world economy.The new week begins with...
UK government borrowing narrowly undershoots forecasts; oil rising over $100 amid strait of Hormuz deadlock – business live
Introduction: UK borrowing undershoots forecastsGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.Britain’s government borrowing has dropped in the first full...
How Ireland’s war-driven fuel blockades revealed the true cost of Europe’s oil addiction
A surge in demand for electric vehicles across Europe may be evidence of what George Monbiot greeted as the silver lining of the Iran war. Sales of electric cars...
Oil prices rise and markets fall after US ship seizure hits Iran peace deal hopes
Oil prices rose sharply and European stock markets fell on Monday, after the US seizure of an Iranian vessel hit hopes for a peace deal.Brent crude, the international benchmark...
From a Surrey oil well to the supreme court: how an activist changed UK climate law
It started with a notice in the local newspaper and ended with winning one of the world’s most prestigious environmental prizes. In 2010, Sarah Finch was flicking through the...
Iran says strait of Hormuz ‘completely open’ to commercial vessels as oil prices fall
Iran’s foreign minister has said that the strait of Hormuz is now fully open to commercial vessels, reinforcing hopes for an eventual end to the war in the Middle...
Geelong fire: fuel supply fears after out-of-control blaze at one of Australia’s two remaining oil refineries
An explosive fire at a Geelong oil refinery – which supplies half of Victoria’s fuel and 10% of the nation’s – has broken out, with petrol production to be...
BP hails ‘exceptional’ trading as oil prices soar in Iran war
BP expects to post “exceptional” earnings from its oil trading desk, reaping a windfall from choppy energy markets triggered by the US-Israeli war on Iran.Energy traders are navigating significant...
