UK faces £35bn hit and risk of recession this year over impact of Iran war, thinktank warns | Economics
Britain is facing a £35bn economic hit and the risk of a recession this year as the fallout…
Shares in buy-to-let mortgage lenders fall after report Reeves plans rent freeze | Financial sector
Shares in some of the UK’s biggest buy-to-let lenders such as Paragon and One Savings Bank have fallen…
The Financial Crisis That Didn’t Happen
One of the hard parts of understanding market cycles is the fact that there are no counterfactuals. You…
For Russia’s Ailing Coal Sector, Not Even the Middle East Crisis Can Bring Relief
Higher global energy prices triggered by the U.S.-Israeli war on Iran have done little to ease the deepening…
Questions asked about power price rises
The Electricity Authority Te Mana Hiko has contacted power companies asking for more information about higher power prices.…
Nigeria’s oil output hits 5-year high as production reaches 1.71 million bpd
The state-owned oil firm said the increase reflects improvements in upstream operations and a series of ongoing…
United Arab Emirates to quit oil cartel Opec – BBC
United Arab Emirates to quit oil cartel Opec BBCUAE exits Saudi-controlled OPEC cartels in fresh oil market shock Sky NewsUnited…
Global oil market takes fresh hit as UAE exits OPEC, raising pressure on African producers
Abu Dhabi said on April 28, 2026, it would leave OPEC effective May 1, citing the need…
Live updates: UAE to quit OPEC in blow to world’s leading oil exporters, as Iran war roils energy sector
The United Arab Emirates will withdraw from Organization of the Petroleum Exporting Countries (OPEC) on May 1, the…
Russia’s Small Businesses Slide Into Losses After Tax Hikes, Surveys Show
Russia’s higher tax burden has sharply worsened conditions for small businesses, with around half of firms now operating…
Qatar Halt, US at Full Capacity, Europe and Asia Face Soaring Gas Prices
Since the Iran war began in late February, LNG prices in Europe and Asia have surged to as…
Why Moody’s has raised China’s credit outlook amid Iran war shocks
A leading ratings agency that previously expressed concerns about China’s local debt woes has cast a vote of…