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The UK Maritime Trade Organization has received reports that an oil tanker was struck by an unidentified object while sailing in the Strait of Hormuz, causing it to catch fire.

2026-10-02

The UK Maritime Trade Organization has received reports that an oil tanker was struck by an unidentified object while sailing in the Strait of Hormuz, causing it to catch fire.

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2026-10-01

BANK OF ENGLAND'S monetary policy committee member MANN said the Bank must clearly communicate its reaction function; if it fails to act, both policy and CPI expectations would shift.

BANK OF ENGLAND'S monetary policy committee member MANN said the Bank must clearly communicate its reaction function; if it fails to act, both policy and CPI expectations would shift.
2026-10-02

U.S. Energy Secretary Wright said he is highly confident Europe will release emergency diesel reserves to help ease rising global fuel prices and added positive news may be forthcoming. Earlier reports said the Trump administration asked Germany and

U.S. Energy Secretary Wright said he is highly confident Europe will release emergency diesel reserves to help ease rising global fuel prices and added positive news may be forthcoming. Earlier reports said the Trump administration asked Germany and France to free emergency diesel stocks to relieve global fuel-price pressure and warned the U.S. might consider a diesel export ban otherwise. Wright said now is the time to release additional diesel into markets ahead of the harvest and heating winter demand peaks and that Europe has available supply.
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