Economy

Russia delays change to fiscal fund after Iran war energy price surge

The oil price spike triggered by the Iran war has allowed the Russian government to postpone a plan to boost long-term fiscal…

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China limits fuel price hikes as oil costs surge: Govt.

China has limited the amount by which the country’s fuel costs can rise, the government announced Monday, to mitigate surging…

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Lufthansa extends some Middle East flight cuts into October

Deutsche Lufthansa is extending its suspension of flights to Iran and parts of the Middle East for several more months…

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Explosions, sirens ring out in Bahrain

Several strong explosions and air alert sirens rang out on Monday in Bahrain, the first to be heard in the…

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Food prices likely to rise due to Iran war, farmers’ union says

The National Farmers’ Union has warned that food prices in the UK are likely to go up as a result…

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Simple tips to make your car’s fuel last longer

With fuel prices soaring globally due to the ongoing conflict between Iran, Israel and the United States, and international warnings…

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Iran says Hormuz open to all but ‘enemy-linked’ ships

The Strait of Hormuz remains open to all shipping except vessels linked to “Iran’s enemies,” Iranian media reports published on…

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Qatar’s energy boss says he had warned of dangers of provoking Iran

As Qatar reels from an Iranian attack that has hobbled its giant natural gas company, its boss, who doubles as the country’s…

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Iraq declares force majeure on foreign-operated oilfields over Hormuz disruption: Sources

Iraq has declared force majeure on all oilfields developed by foreign oil companies after military operations in the region disrupted navigation through…

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UK approves US use of British bases to strike Iran missile sites targeting ships

The British government gave authorization on Friday for the United States to use military bases in Britain to carry out strikes on…

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