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US wholesale inflation paused in July as cheaper energy and food offset increases in services and construction, new federal data shows.

Oil prices moved higher as U.S.-Iran diplomacy stalled and reduced traffic through the Strait of Hormuz renewed concern about global energy supplies.

Global oil prices moved higher after fresh reports of disruption in two of the world’s most closely watched shipping routes, underscoring how quickly tensions in the Middle East can ripple through energy markets…

UK inflation has risen to its highest level in four months, with higher energy bills pushing the cost of living back into sharper focus for households, businesses and policymakers. The BBC reported that prices are now…

Oil prices rose on Friday after US President Donald Trump warned that countries trading with Iran could face additional economic sanctions, adding a fresh layer of uncertainty to already tense global energy markets…

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…

Pakistan has revised domestic fuel prices, raising the price of petrol while reducing the rate of high-speed diesel, according to official notifications cited by Dawn. The move keeps petrol and diesel on separate paths…

Major central banks tighten policy or keep rates restrictive as surging energy costs push inflation higher across leading economies.

Pakistan enters FY2027 with stronger reserves and remittances, but renewed Middle East conflict and volatile oil prices threaten inflation and the trade balance.

Prime Minister Andy Burnham is evaluating a major proposal to reconfigure gas standing charges and accelerate heat pump adoption, potentially cutting average annual household energy costs by up to £130

Iran has warned that US-linked energy interests across the Gulf could be vulnerable if attacks on Iranian assets continue, deepening concern over shipping, oil supplies and the fragile security balance around the Strait…

Heatwaves, high energy prices and calls for reindustrialisation and North Sea drilling all rank high on the to-do list facing Andy Burnham as he becomes Britain's next prime minister.

The FAO Food Price Index edged higher in July as disruption and difficult weather lifted wheat, sugar and vegetable-oil quotations.

Oil prices climbed sharply on Thursday after reports that an Iranian parliamentary committee is reviewing a proposal that could restrict US and Israeli vessels from the Strait of Hormuz. The move added fresh supply-risk…

Pakistan has raised petrol and high-speed diesel prices in response to continued pressure in international oil markets, with the new rates taking effect from September 15. ## New petrol and diesel prices The federal…

On September 22, Pakistan raises petrol price by Rs4.61 while reducing high-speed diesel rates. Key government measures follow rising international oil prices

Pakistan's petroleum prices climbed again this week, with the government raising petrol by Rs1.63 per litre and high-speed diesel (HSD) by Rs1.55 per litre, effective from July 29. The increase takes petrol to Rs335.81…

ISLAMABAD, September 19, 2026: The federal government has announced a reduction in the prices of petrol and high-speed diesel (HSD), providing consumers with a modest decrease in fuel costs under the latest petroleum…

Volodymyr Zelenskyy says Ukraine will halt strikes on Russian energy facilities if Moscow stops attacks on Ukrainian critical infrastructure.

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

Asian nations are recalibrating energy strategies to achieve domestic independence as the Iran War forces a shift away from over-reliance on imported liquefied natural gas and global market volatility

Oil price slides as us and iran pause fire cancer treatments were among the day’s key business themes in The Guardian Business live coverage, with markets reacting quickly to signs that the latest Middle East flare-up…

US petrol prices reach $4.00 per gallon (3.78 litres), marking the second week of increased costs for

An oil stockpile warning is putting airlines, retailers and consumers back on inflation watch as higher fuel costs threaten to move from energy markets into ticket prices and delivery charges. The story is drawing…