US diesel hits record $6 a gallon on Iran supply shock
Surging cost for fuel critical to agriculture and industry stokes price pressures as Americans confront affordability crunch
Economic news
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Bond markets stabilise after global sell-off
Traders respond to decline in oil prices as markets await crucial US inflation figures
Bessent’s intervention risks damaging BoJ’s credibility, bankers warn
US Treasury secretary’s claims of insider knowledge could erode market perceptions of Japanese central bank’s independence
US rate rise fears ripple through global bond markets
Houthi advances push oil prices higher while markets await inflation data on Friday
Private equity’s ‘Waiting for Godot’ era continues
The mood was subdued at the industry’s annual conference in Paris