Iran Rejects US Offer to Reopen Strait of Hormuz

Iran has rejected the United States' response to its seven conditions for reopening the Strait of…

EU Limits Chinese Hybrid Vehicle Imports to 350,000 Annually

The European Union will limit imports of hybrid electric vehicles from China to 350,000 cars per…

Abramovich Aides Accused of Falsifying Documents for Taxes

A BBC investigation has found that aides of Roman Abramovich, including staff from Deloitte, falsified documents…

Two Oil Tankers Attacked Near Strait of Hormuz, Two Missing

Two oil tankers were attacked near the Strait of Hormuz on Sunday. This incident has left…

Heating Oil Prices Rise to £550 for UK Rural Households

Heating oil prices in the UK have jumped to 111 pence per litre (ppl), affecting around…

Asian Stocks Dip as Earnings Season Approaches, Oil Slides

Asian share markets opened cautiously on Monday as investors prepared for the upcoming earnings season. South…

RBI Takes Steps to Support Weakening Rupee with New Measures

The Reserve Bank of India (RBI) has announced new measures to support the weakening rupee. The…

EU Leaders Consider €159 Billion Budget Cut Proposal

BRUSSELS — The European Commission has warned that proposed cuts of €159 billion to the EU's…

ASEAN Firms Delay Decarbonisation Amid Rising Energy Costs

Close to 80% of businesses in Southeast Asia have reported higher energy costs since the start…

Chancellor Healey’s Budget Faces Inflation-Driven Pressures

Chancellor John Healey's upcoming budget faces pressure from rising inflation linked to the ongoing conflict in…