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Middle East war could have catastrophic impact on UK food, oil and energy prices
Sir Keir Starmer has warned that this week’s explosive developments in the Middle East will deal a blow to the cost of living for ordinary Britons. Speaking ahead of his arrival in Canada for the G7, the Prime Minister voters will be seeing “the impact already on the economy and on oil prices.”
If prices go up, Fed officials may be inclined to raise its benchmark rate, raising borrowing costs for businesses and ...
Ukrainian President Volodymyr Zelenskyy says rising global oil prices following Israeli strikes on Iran will strengthen ...
Israel’s attack on Iran has catapulted their long-running conflict into what could become a wider, more dangerous regional ...
U.S. ultra-low sulfur diesel futures hit the highest level since February, outpacing gains in oil and gasoline as analysts ...
Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.
A sustained rise in the price of crude oil, which jumped sharply after Israel attacked Iran, could hurt consumers and President Trump’s efforts to bring down energy costs.
Policymakers are expected to stand pat on rates, but the devil will be in the detail of its statement and Governor Kazuo Ueda ...
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