‘Desperate’ Asia turns to Russian oil amid Iran energy shock
Import-dependent countries take advantage of US sanctions waiver to replace disrupted Gulf supply
Economic news
Read More
California’s fuel needs ‘left in the lurch’ by Iran war
Most populous US state is confronting tight supplies of petrol and jet fuel from Asia
High street banks could learn from Revolut’s fee bonanza
Higher account fees would reduce exposure to interest rates for old-school lenders
Lessons from your petrol pump
As consumers, sharp price increases are unwanted. But they send an essential signal
Chinese government bonds emerge as lone war haven
Yields on China’s debt are down marginally since the start of the conflict while those of other major economies have risen
Trump says US could withdraw from Iran ‘whether we have a deal or not’
US president signals growing impatience with a war that has sent energy prices spiralling