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Middle East war could have catastrophic impact on UK food, oil and energy prices
Sir Keir Starmer has warned that this week’s explosive developments in the Middle East will deal a blow to the cost of living for ordinary Britons. Speaking ahead of his arrival in Canada for the G7, the Prime Minister voters will be seeing “the impact already on the economy and on oil prices.”
If prices go up, Fed officials may be inclined to raise its benchmark rate, raising borrowing costs for businesses and ...
Traders on Friday exchanged the most $80 West Texas Intermediate (WTI) crude oil call options since January, expecting more ...
Economic and financial expert Dr. Bashir Aliya warned on Saturday that escalating tensions in the region could drive global ...
The country’s exports mostly come from Kharg Island in the Persian Gulf. But Israel’s energy facilities are also at risk.
U.S. ultra-low sulfur diesel futures hit the highest level since February, outpacing gains in oil and gasoline as analysts ...
Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.
Israel’s attack on Iran has catapulted their long-running conflict into what could become a wider, more dangerous regional ...
The US ordered some staff to leave its embassy in Baghdad, and restricted government employees and family members in Israel from traveling outside major cities like Tel Aviv. Around the same time, ...
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