It comes as UK inflation fell last month from 3.5% to 3.4%, but remains above the BoE’s 2% target, which could push higher if ...

Despite Iran's repeated threats to close the Strait of Hormuz, a vital waterway for global oil and gas transit, it has never followed through due to strategic and economic costs. Analysts believe the ...

"These three variables: oil price, oil lifting, and gas lifting, are not only influenced by conditions in our country but are ...

Hello and welcome to The Yorkshire Post’s live blog on today’s Bank of England interest rate decision, where we will be ...

If Iran decides to block the Strait of Hormuz, it will have far-reaching implications for the global economy, one expert has warned.

The Dollar extends gains for the third consecutive day as Middle East tensions escalate.

Hello and welcome to The Yorkshire Post’s live blog on today’s Bank of England interest rate decision, where we will be ...

In its latest June Global Economic Forecast, S&P Global warns that any disruption to oil flows from the Gulf—such as a ...

The Bank of England has voted to hold interest rates at 4.25 per cent, as they attempt to balance higher inflation and the ...

Shell warns that escalating tensions between Israel and Iran, potentially disrupting the Strait of Hormuz, could severely ...

While oil-importing countries won't fully escape a hit in the event of another energy price shock on Middle East tensions, a period of rare dollar weakness will soften the blow considerably for ...

The Bank of England looks set to keep interest rates on hold as it waits to see if the economy and inflation continue to ...