Europe to face fuel shortage – Shell CEO
The Iran war is set to hit diesel and gasoline supplies starting next month, Wael Sawan has warned European countries could face fuel shortages as...
Russian oil at premium over Middle East war – Bloomberg
Indian refiners have reportedly payed above benchmark prices for about 60 million barrels for April delivery Indian refiners have sharply increased purchases of Russian oil...
ScottishPower secures £600m backing for major UK subsea power link
ScottishPower has secured £600 million in financing from the National Wealth Fund to support the development of a major subsea electricity link designed to strengthen...
Revolut posts record £1.7bn profit as it eyes UK credit card launch
Revolut has reported record pre-tax profits of £1.7 billion for 2025, up 57 per cent year-on-year, as the fast-growing fintech prepares to expand further into...
UK factory costs surge at fastest rate since black wednesday amid energy shock
UK factory costs have surged at their fastest rate since the aftermath of the Black Wednesday, as rising energy prices linked to the Middle East...
Blackrock chief warns $150 oil could trigger global recession
The head of the world’s largest asset manager has warned that a sustained surge in oil prices to $150 a barrel could push the global...