Amin Nasser says depletion of gasoline and jet fuel inventories is ‘rapidly accelerating’ due to Hormuz closure
Republican Senator Josh Hawley introduces legislation after Donald Trump backs move
Volatile markets fuelled by Iran war help to propel proprietary trading firm
Ex-Barcelona player is latest sporting figure linked to market manipulation as sector becomes intertwined with high finance
Administrators file lawsuit alleging at least £1.3bn ‘misappropriated’ from collapsed mortgage firm
Operator of bright green e-bikes and scooters plans US listing this year
Bank’s management committee has swelled to a much larger size than those of its competitors
It might be annoying that money is not free but a combative approach with investors is not a great choice
Countries and companies will need to compete for funds to meet their spending plans
Continuous easing amid successive supply shocks is a risky policy move that ignores the pandemic’s lessons
Increased priority on security of power supply might see some countries continue to rely on fossil fuels
Damage to Habshan facility highlights lasting impact of Middle East conflict on Gulf energy exports
FRC wraps up outstanding investigation into 2018 collapse of construction group
Plus, the ‘buy Europe’ trade
Currency weakens after US Treasury secretary meets finance minister Satsuki Katayama
Bankers were on track for a bumper year until war broke out in February
A hyperactive reform programme is not enough to drive the urgent national mission of driving growth and investment
Exxon and Shell among those resuming Arctic exploration in Trump’s ‘drill, baby, drill’ era
Traders expect corn and soyabeans to soar as demand for alternative fuel sources rises
Central banks have warned that floods, wildfires and rising sea levels could trigger defaults among household and corporate borrowers
Middle East conflict pushes up price of cooking fuel and sends many urban migrants back to villages
Oil prices climb again as Washington and Tehran fail to agree terms to end war and reopen Strait of Hormuz
In short, America’s selling while China ain’t buying
PM asks citizens to work from home, limit gold purchases and stop travelling abroad to conserve foreign exchange
Plus, how to protect central bank independence
Trading desks at BP, Shell and TotalEnergies outshine US rivals
Fixing it will require much more than the new farm bill can deliver
New blast furnace projects threaten to undermine shift to greener production elsewhere
Middle East conflict is driving many Asian nations in particular to turn to the fossil fuel
Central bank appears to be shifting its focus more to wholesale markets
Biggest groups have gained $5.4tn in value since conflict began — but semiconductor sector accounts for most of the gains
There is a way to reduce the risk of a run on gilts and decrease the cost of government borrowing
High-octane area of mortgage market under scrutiny following messy collapses
Data shows deflationary pressures are easing in world’s second-largest economy
Plan will ‘deliver long-term economic growth while boosting our already strong trade relationship’, says minister
Tanker carrying LNG throws energy lifeline to Islamabad