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Oil price jumps above $95 as Middle East tensions worsen
Oil price jumps above $95 as Middle East tensions worsen

Oil price rises above 95 mark as Middle East conflict escalates Oil markets have tightened again as the price of Brent crude moved above $95 a barrel, returning to a level not seen for six weeks and reflecting fresh…

A display of supermarket food prices indicating a drop in inflation.
Inflation Cools to 2.6 Percent as Food and Fuel Prices Ease

UK inflation dropped to 2.6 percent in June as fuel costs retreated and supermarket competition lowered grocery prices. Prime Minister Andy Burnham’s government now faces pressure as analysts warn of upcoming volatility

US readies new global tariff wave
US readies new global tariff wave

WASHINGTON: The United States is preparing a new round of tariffs that could affect dozens of trading partners as temporary global duties imposed by President Donald Trump are due to expire this week, according to…

Ryanair passenger recalls explosion before mid-air ordeal
Ryanair passenger recalls explosion before mid-air ordeal

Ljubisa Karović says the moment he still returns to is not the shock of being pulled toward a hole in a plane, but the sound that came before it. In an account given to The Guardian, the Serbian entrepreneur described…

Houthis warn tankers over Saudi Red Sea port use
Houthis warn tankers over Saudi Red Sea port use

Yemen’s Houthis have escalated pressure on Red Sea shipping by warning that tankers could be attacked if they use Saudi Arabian ports, a move that adds a new layer of risk to already strained maritime routes in the…

A generic image of a home electricity meter.
Burnham Scraps Digital ID Funds to Drop Electricity Tax

Prime Minister Andy Burnham has eliminated VAT on household electricity bills starting in October, funded by a controversial redirection of the abandoned digital ID programme’s budget for the current financial year

A dry, cracked reservoir bed under a scorching sun.
Millions Face Water Curbs as South East Supply Fails

South East Water is extending its hosepipe ban to 2.4 million customers following record heat and prolonged dry spells, prompting heavy criticism over the state of regional utility infrastructure