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Mideast Chaos May Boost Northern Sea Route's Value - Korea Arctic Shipping Association
WASHINGTON (Sputnik) - The conflict in the Middle East, combined with the United States' blockade of the Strait of Hormuz, may ramp up interest in the Northern Sea Route, Subeom Choi, secretary general of the Korea Arctic Shipping Association, told RIA Novosti.
Oil Prices to Swing Wildly In $95-$120 Loop Amid US-Iran Standoff - Investor
WASHINGTON (Sputnik) - Global oil prices will fluctuate between $95 and $120 per barrel in the near future due to the Middle East conflict, Kyle Shostak, director of Navigator Principal Investors, told RIA Novosti.
Japan rallies Asian nations with $10b plan to counter supply risks
Dubai: In a move to address the growing concerns over global energy security, Japan has announced a major regional initiative aimed at protecting Asian economies from supply disruptions, particularly those linked to key shipping routes such as the Strait of Hormuz.During an online meeting held on April 15, Japan’s prime minister Sanae Takaichi has convened leaders from across Asia, including members of the Asia Zero-Emission Community (AZEC), to discuss coordinated responses to mounting risks in...
Sensex ends 500 points higher as HUL leads market rally with 5% rise
Sensex ends points higher as HUL leads market rally with rise
'Glimmer of light' as UK petrol and diesel 'finally begin to drop'
'Glimmer of light' as UK petrol and diesel 'finally begin to drop'The RAC has given an updateCommentsMoneySteven Smith Content Editor11:11, 17 Apr 2026View 3 ImagesThere has been pain at the pumps(Image: richard johnson via Getty Images)UK drivers are being given some good news for the first time since the Iran war began at the end of February. The US and Israel attacks on Iran sent global oil prices rocketing and prices at the pumps in the UK soared rapidly as a result.From...
Australia scrambles to secure energy as war on Iran fuels uncertainty
Heavily dependent on imported oil, Australia looks for quick fixes from regional diplomacy to free train rides.
Apple users are more loyal to their iPhones, Android users are switching sides
Apple users are more loyal to their iPhones Android users are switching sides
Trump’s Turning Point USA stop to bolster young voters
President Trump is set to be the main speaker at Turning Point USA’s event in Arizona on Friday to bolster Republican turnout for the upcoming midterms. The “Build the Red Wall” event that will take place at a church in Arizona comes at a time where support among young voters for Trump’s performance is slipping…
Strait of Hormuz blockade hurts Iran’s economy, threatens to spike energy prices
The U.S. blockade on the Strait of Hormuz has effectively shut down trade to and from Iran’s ports, cutting off an estimated 90 percent of the Middle Eastern country’s economy as the Trump administration looks to get Tehran back to the negotiating table, according to military officials. But the blockade, while already putting pressure on…
Hundreds of thousands of flights could be axed in 'existential crisis' for airlines as jet fuel shortage caused by Iran war bites, expert says
Hundreds of thousands of flights could be axed in 'existential crisis' for airlines as jet fuel shortage caused by Iran war bites, expert saysBy RORY TINGLE, HOME AFFAIRS CORRESPONDENT and CAITLIN LENG Published: 10:59, 17 April 2026 | Updated: 11:01, 17 April 2026 e-mail View comments
British Gas issues alert to customers who want to 'avoid surprise bills'
British Gas issues alert to customers who want to 'avoid surprise bills'The energy supplier shared advice to prevent homeowners from getting caught outCommentsMoneyAmber O'Connor Money and Lifestyle reporter U35s10:58, 17 Apr 2026View 2 ImagesBritish Gas customers won't want to get caught out (stock photo)(Image: Getty)British Gas has urged customers to take action to 'avoid any surprise bills'. The energy supplier issued advice for any customers who are moving home...
Rupee hits one-week high as RBI moves to stem in fall
The Indian rupee surged to a one-week high Friday, boosted by Reserve Bank of India's strategic moves to curb dollar demand from state-run oil refiners. By urging them to use a special credit line, the central bank aims to stabilize the currency against global pressures.
Richard Desmond loses £1.3bn damages battle over national lottery licence
Firms owned by media tycoon launched action against Gambling Commission in 2022 after Allwyn won franchiseThe media tycoon Richard Desmond has lost his claim for up to £1.3bn in damages from the Gambling Commission, ending a bitter dispute over the regulator’s decision not to award him the 10-year licence to run the national lottery.Companies owned by the former proprietor of the Daily Express and Channel 5 launched action against the regulator in 2022, starting a tortuous legal process in which...
UAE banks roll out relief measures for residents amid rising cost pressures
Dubai: UAE banks are rolling out a series of relief measures — from free loan deferrals to zero-interest payment plans — as residents navigate mounting financial pressures amid the ongoing crisis. In return, lenders are widening support across housing, healthcare and everyday expenses.Banks are increasingly embedding flexibility into their offerings through temporary payment relief or new financing models that ease upfront costs.Sign up for our daily business newsletter, Cheques & Balances.These...
KLM and Lufthansa CANCEL hundreds of flights amid soaring fuel costs
KLM and Lufthansa CANCEL hundreds of flights as fuel cost soar amid Iran warThe global air travel crisis has spread further as Lufthansa and KLM became the latest airlines to announce flights axed to and from major destinations, including London HeathrowCommentsNewsBenedict Tetzlaff-Deas News Reporter10:35, 17 Apr 2026Updated 10:45, 17 Apr 2026View 3 ImagesMore flights have been axed as the Iran war hits air travel(Image: AP)Hundreds of flights have been cancelled by two major airlines amid warn...
Sebi allows 50% IPO size cut without refiling: What it means for investors
Sebi allows IPO size cut without refiling What it means for investors
UK Energy Stocks Fall as Reeves Eyes Delinking Gas-Power Prices
UK power stocks dropped after Chancellor of the Exchequer Rachel Reeves said the government was drafting plans to delink gas prices from electricity costs, raising concerns that lower power prices would hurt earnings for generators.
India Clarifies Gold and Silver Import Confusion Before Festival
The Indian government has issued a notification on gold and silver imports, after confusion over policy had held up the precious metals at customs, just days before a Hindu festival when buying bullion is considered auspicious.
Personal insolvencies jump as debt relief order registrations reach record high
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£100 home heating oil grant to be paid out by ‘summer at earliest’
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