#economy

US Diesel Hits Record $5.85 a Gallon as Iran War Disrupts Fuel Flows

The six-month conflict and Russia's diesel export ban have pushed costs to an all-time high, straining farmers and businesses.

Guardian editorial urges government support for vulnerable households as energy debt hits record £6bn

An editorial in The Guardian says vulnerable households need short-term financial help while the government invests in renewables, as soaring prices push energy debt to record levels.

Dow plunges 1,153 points after Fed holds rates steady in fractious meeting

The Federal Reserve left its key interest rate unchanged, but a rare trio of dissents and Chair Kevin Warsh's guarded outlook rattled investors, sending the 30-year Treasury yield to its highest since 2007.

Seven countries report life upended as Iran war enters new phase

Prediction markets gain UK foothold as Polymarket lists 500 live British events

Rosebank oil production pushed to 2027 after drilling gear dropped in North Sea

EU approves Paramount Skydance's $111 billion acquisition of Warner Bros. Discovery

Ryanair Defends Fleet Safety After Passenger Near-Miss Incident

Trump Imposes 50% Tariff on Canadian Goods, Escalating Trade War