Oil surges past $125 as fears of prolonged supply disruption grow
Brent crude sets new conflict high as blockade of Strait of Hormuz continues
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Bank of England in stand-off with FCA over trading firms’ capital
Rare dispute emerges after watchdog proposes to boost liquidity for groups such as Jane Street and Citadel Securities
Private equity’s tempest in a teapot
CVC and KKR are facing the prospect of extended ownership of food businesses they acquired from Unilever
KKR explores $10bn sale of ex-Unilever spreads business
Private capital firm hires bankers to sell Flora Food Group after ditching targets to make its portfolio plant based
UAExit adds momentum to the Opec doom loop
The Emirates’ departure reflects the cartel’s declining market share and the ongoing energy transition