Brent Crude Spikes to 14-Month High as Middle East Conflict Disrupts Supply
Brent crude oil rose to its highest level in 14 months on Monday, briefly touching $82 a barrel as the escalating military conflict in...
Trump Raises Tariffs Despite Court Ruling, European Leaders Demand Stability
European governments pushed back forcefully Saturday after President Trump announced a 15% tariff on all global imports, a move that came just one day...
British Steel’s Turkish Deal Creates Jobs and Restarts Overnight Manufacturing in Scunthorpe
The announcement of a major Turkish export contract has had immediate, tangible effects at British Steel's Scunthorpe plant, with 23 new jobs created and...
US Punitive Tariffs Reshape India’s Crude Market as Russian Imports Plummet
The impact of US trade policy on India's crude oil procurement became strikingly evident in 2025, with Russian imports experiencing a significant decline while...
‘Buy European’ Initiative Endorsed as EU Confronts Competitiveness Challenges
A "Buy European" policy gained unanimous support from EU leaders during their summit addressing Europe's economic competitiveness crisis. The 27-nation gathering at a Belgian...
Bank of England Holds at 3.75% as Inflation Expected to Fall From 3.4% to 2.1% by Mid-2026
The Bank of England has decided to maintain its benchmark interest rate at 3.75%, while forecasting a dramatic decline in inflation from the current...