Iranian strike wounds US troops at Saudi air base
Yemen’s Houthi rebels carry out their first attack on Israel since the war began
Economic news
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New fees, fewer flights: Higher fuel prices pinch consumer budgets beyond the gas pump
As corporate policies change, Americans will feel higher oil prices in their pocketbooks beyond the gas pump.
The failures of prediction markets are predictable
They can send wrong signals when trading is illiquid or when herd behaviour takes hold
Chart of the Week: The oil shock hurts poorer economies hardest
Developing economies are more dependent on energy
A ‘victim’ and a ‘dinosaur’: three days of Crispin Odey testimony
Financier’s cross-examination this week has been culmination of his legal challenge against regulatory ban and fine
Here’s the oil shock that Donald Trump can’t control
While there is a lot of spare crude on ships and in storage, stocks of refined products are much smaller