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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 ...
President Donald Trump has repeatedly demanded the Federal Reserve slash interest rates. But Fed officials have stood pat, waiting to see how his administration’s sweeping policy changes affect the ...
U.S. ultra-low sulfur diesel futures hit the highest level since February, outpacing gains in oil and gasoline as analysts ...
Ukrainian President Volodymyr Zelensky says rising global oil prices following Israeli strikes on Iran will strengthen Russia ...
Crude oil scored its largest single-day gains in more than three years after Israel launched air strikes against Iran's nuclear sites and other military targets but not oil infrastructure ...
Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.
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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