Read more about the article Oil price briefly hits $120 after reports of ‘extended’ Iran blockade
Oil price briefly hits $120 after reports of ‘extended’ Iran blockade

Oil price briefly hits $120 after reports of ‘extended’ Iran blockade

4 hours agoNaomi Rainey,Emer MoreauandJonathan Josephs,Business reportersGetty ImagesCrude oil is a key ingredient in petrol and dieselOil prices have soared following reports that the US is preparing for an "extended"…

Continue ReadingOil price briefly hits $120 after reports of ‘extended’ Iran blockade
Read more about the article Four key takeaways from Jerome Powell’s final rate decision as Fed chair
Four key takeaways from Jerome Powell’s final rate decision as Fed chair

Four key takeaways from Jerome Powell’s final rate decision as Fed chair

7 hours agoArchie MitchellBusiness reporterGetty ImagesThe Federal Reserve has held US interest rates steady after what was expected to be Jerome Powell's final meeting as chair.Hours after his successor Kevin…

Continue ReadingFour key takeaways from Jerome Powell’s final rate decision as Fed chair
Read more about the article In five charts – How UAE’s exit could affect Opec’s influence over the oil price
In five charts – How UAE’s exit could affect Opec’s influence over the oil price

In five charts – How UAE’s exit could affect Opec’s influence over the oil price

11 hours agoJemma CrewBusiness reporter Watch: Why has the UAE left Opec - and why does this matter?The United Arab Emirates' plan to ditch the oil producers' group Opec and…

Continue ReadingIn five charts – How UAE’s exit could affect Opec’s influence over the oil price
Read more about the article Trump and Powell’s biggest clashes – from numbskulls and morons to too stupid
Trump and Powell’s biggest clashes – from numbskulls and morons to too stupid

Trump and Powell’s biggest clashes – from numbskulls and morons to too stupid

10 hours agoDearbail JordanBusiness reporter AFP via Getty Images/ReutersIt has been one of the most fractious relationships between an American president and a central banker in history.Since returning to the…

Continue ReadingTrump and Powell’s biggest clashes – from numbskulls and morons to too stupid

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