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Oil and gas crisis from Iran war worse than 1973, ​1979 and 2022 together, says IEA | Energy industry

The oil and ‌gas crisis triggered by the blockade of the strait of Hormuz is “more serious than the ones in 1973, ​1979 and...

Oil rises above $110 as Trump deadline looms for Iran to reopen strait – business live | Business

Key eventsShow key events onlyPlease turn on JavaScript to use this featureUK construction activity tumblesConstruction activity in the UK has tumbled as the industry...

Jamie Dimon says US should strengthen allies economically, in veiled criticism of Trump | Economics

The head of the US’s largest bank has pressed the White House to strengthen Washington’s allies economically in order to “avoid truly adverse consequences”,...

Small UK firms’ energy bills set to more than double due to Iran war | Small business

Thousands of independent businesses across the UK are braced for their energy bills to more than double owing to the sharp rise in heating...

Trump warns Iran to reopen strait of Hormuz by Tuesday or face ‘hell’ | US-Israel war on Iran

Donald Trump issued an expletive-laden warning on Sunday that Tehran had until Tuesday night to reopen the strait of Hormuz or the US would...

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