Finance
UK Inflation Holds at 2.8%, Middle East Deal Offers Hope
UK inflation remained at 2.8% in May, defying expectations of a rise, as a US-Iran peace deal eased oil price fears. Despite...
#Energy Prices 26 articles
Stocks
Corn Futures Face Midday Pressure as Bears Gain Traction
Corn futures are experiencing losses across most contracts on Friday, with crude oil declines and export sales data contributing to downward pressure.
Markets
Oil Prices Jump as Iran Deal Stalls
Oil prices surged Monday, recouping recent losses, as uncertainty surrounding a potential peace deal with Iran intensified. Brent crude futures rose 3.3%...
Markets
Saudi Aramco CEO: Strait of Hormuz Closure Costs 100 Million Barrels Weekly
The CEO of Saudi Aramco reports a weekly loss of 100 million barrels due to the Strait of Hormuz closure, driving oil...
Economy
Gold Dips as Hormuz Strikes Cloud Iran Talks, Fuel Inflation Fears
Gold fell 0.7% to $4,540 an ounce after US strikes in the Strait of Hormuz tempered Iran talks optimism, keeping inflation risks...
Economy
War Fuels Inflation in Fed’s Key Price Gauge
The Federal Reserve's preferred inflation gauge is nearing 4%, driven by war-related energy costs, raising concerns about broader price pressures.
Economy
Wales First Minister Slams UK Cost of Living Measures as ‘Missed Opportunity’
Rhun ap Iorwerth criticizes the Chancellor's cost of living package, arguing for deeper action on energy prices rather than temporary tax cuts.
Economy
UK Inflation Dips to 2.8%, but Analysts Foresee Future Rise
UK inflation unexpectedly fell to 2.8% in April, driven by lower energy bills. However, experts predict a rebound to around 4% by...
Economy
Japan’s Economy Grows 2.1% Annually on Consumer Spending
Japan's economy expanded at a 2.1% annualized rate in the January-March quarter, driven by robust consumer and business spending, government data shows.