Energy Costs Are Driving U.S. Inflation, and Wages Aren’t Keeping Up
Inflation rates remain blistering high across the United States. The Bureau of Labor Statistics’s most recent Consumer Price…
Hiring in the UAE rebounds in third quarter despite uncertainty fuelled by Middle East conflict
Hiring in the UAE rebounded in the third quarter of the year to growth of 4 per cent,…
The Iran War Is Fueling a Boom in Clean Energy
The Iran war might have done exactly what President Trump was trying to avoid: turning the world away…
South Korea Unveils $747 Billion Plan to Break Its Fossil Fuel Habit
South Korea plans to invest as much as one quadrillion Korean won, or $747 billion, in renewable energy,…
Sorry AI and war are pushing prices up but it is what it is
One envelope, two apologies, one kitchen table. Everyone is very sorry. Nobody is responsible. And the bill, as…
There’s a Small Upside to Clogged Strait of Hormuz
There’s a very slight green lining to the Iran war, and it’s for the planet, not the…
Houthi drone attack shot down near Mecca religious site, Saudi-led coalition says
Saudi Arabian authorities say they intercepted a drone attack, which they claim was launched by Yemen’s Houthi rebels,…
Food Inflation Jumps as Higher Energy Costs Hit UK Retailers
Shop price inflation has hit a two-year high and is set to climb through the autumn as a…
Trump threatens to bomb Oman as Iran vows to escalate conflict over Hormuz
US President Donald Trump has threatened to bomb Oman if it blocks American efforts to take control of…
UK Economy Remains Resilient Despite Iran War and Higher Energy Prices
The UK economy grew 0.4 per cent between April and June, official data has revealed, in a sign…
Gulf states pay the price as Strait of Hormuz shipping crisis drives costs
Gulf states that normally receive their food and household goods by sea have spent five months flying them…
US oil reserve strategy: A futile gamble amid Iran’s Strait of Hormuz leverage
TEHRAN- Washington’s desperate bid to tame oil prices through strategic reserve releases is doomed to fail, experts warn,…