Business News

Shell's oil trading profits expected to surge to $200-700M in Q1 2026 due to market volatility from Iran crisis, but gas output hit by Qatar strikes.

UK home prices decline as uncertainty around Iran tensions and higher borrowing costs discourage homebuyers. Mortgage rates have spiked and budget-friendly deals have dried up.

Experts explain why it could take months for gas prices to fall, even if the Strait of Hormuz reopens after recent tensions in the region.

Exploring the challenges and timelines involved in restoring the Gulf's energy production to pre-crisis levels after supply disruptions.

The sacking of a Waitrose worker who confronted a shoplifter has become a flashpoint in the wider debate over rising retail crime in the UK.

The U.S. and Iran reach a last-minute agreement, sending oil prices plummeting and stocks surging in a dramatic market reaction.

Explore the latest data on petrol and diesel prices, service station closures, and oil shipment disruptions amid Australia's ongoing fuel crisis.

A former luxury watch trader is facing charges for allegedly operating a $25 million Ponzi scheme, deceiving investors with promises of lucrative returns on collectible timepieces.

Comprehensive analysis of the jump in Asian stock benchmarks as oil prices drop sharply after the U.S. and Iran agree to a ceasefire, including the reopening of the Strait of Hormuz.

Chevron is now importing 250,000 barrels of crude per day from Venezuela, signaling a shift in U.S. energy policy. This article explores the implications of this move.