Three more ships struck in the Persian Gulf as Iran warns of oil prices hitting $200
The latest incidents in or near the Strait of Hormuz come shortly after Iran warned the world to prepare for $200 oil prices.
Food & Travel
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CNBC Daily Open: Oil markets: Nice try on the reserve release
Multiple developments are complicating the energy market, and none are calming prices.
The Iran war is pushing up European energy prices. Here’s why a Ukraine-style inflation shock could still be avoided
The Iran war has rattled global energy markets, but analysts say Europe can avoid a full-blown 2022-style supply crisis.
War in Ukraine spills into Hungarian election campaign
Hungary is going to the polls soon and Prime Minister Viktor Orbán has one public enemy in his sights – Ukraine’s president.
Inside India newsletter: How the war in the Middle East is set to determine India’s trade route to Europe
As the U.S.-Israel war with Iran rages on, experts say that only one of India’s two grand connectivity bets has a real future: IMEC.
Noma head chef resigns from restaurant amid abuse allegations
René Redzepi had previously apologised after ex-employees of the Danish restaurant accused him of creating a toxic work environment.
Bodies of two Chinese backpackers found in Australian floodwaters
The pair had been reported missing on Tuesday after failing to reach their destination.
Plans for record emergency oil release signal Middle East war could drag on for months
The degree to which the IEA acted is being interpreted that the conflict could continue for many weeks, said analysts.
Oil hits $100 a barrel despite deal to release record amount of reserves
It comes as Iranian attacks on ships intensify in the crucial Strait of Hormuz waterway.
Oil surges over 7% despite record reserve release announcement as markets doubt supply relief
The IEA said Wednesday that its 32 member countries would release 400 million barrels of oil from emergency reserves.