Russia reaps fertiliser windfall from Iran war
Global disruption fuels calls for western curbs on Russian exports to be eased
Economic news
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Hedge fund Caxton extends losses to $1.3bn as Iran war rocks markets
London-based firm has become high-profile victim of market upheaval sparked by Middle East conflict
African economies brace for fuel shortages as Iran conflict hits energy
Some countries across the continent are imposing fines on people hoarding petrol, or subsidising fuel prices
Recession odds climb on Wall Street as economy shows cracks beneath the surface
Economists have pulled up their risk assessments of a contraction amid heightened uncertainty over geopolitical risk and a labor market slump.
UK inflation unchanged at 3% in February — the last print before the Iran war
The U.K. inflation rate stood firm at 3% in February, according to the latest figures from the Office for National Statistics (ONS).