Japan’s government has announced the start of its largest-ever strategic oil reserve release, with 80 million barrels to be provided to refiners beginning this Thursday. …
Business
In a striking policy reversal, Treasury Secretary Scott Bessent announced Thursday that the United States is considering removing sanctions from Iranian oil currently floating on …
Finance
Economics
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Prospective buyers and homeowners in the UK are facing a “catastrophic” shift in the lending market as fixed-rate mortgages continue to trend upward. Despite a diplomatic pause in the Middle …
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Canadian factory owners reported a difficult start to the year as manufacturing sales dropped to $68.7 billion in January. The 3% decline was largely expected following news of production pauses …
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The UK’s economic recovery hit a wall in January, as official data showed a total lack of growth following a month of intense geopolitical and fiscal uncertainty. The 0% GDP …
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The Federal Reserve’s battle against inflation has been complicated by the sudden outbreak of war, which occurred just as February’s inflation data showed a steady 2.4% annual rate. While core …
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Hopes for a reprieve from high borrowing costs have been dampened by the economic fallout from the escalating US-Israel-Iran conflict. The OBR has cautioned that the resulting energy price shock …
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A new report from the Labour Rural Research Group has sounded the alarm on a brewing energy crisis for the 1.5 million UK homes reliant on heating oil. As war …
Markets
A dramatic reversal in global market sentiment occurred Monday after President Donald Trump announced a five-day postponement of American military strikes against Iranian energy infrastructure. …