UK faces £35bn hit and risk of recession this year over impact of Iran war, thinktank warns
Niesr says even under best-case scenario, economy would grow at slower pace in 2026 and 2027 because of conflict
Trump administration blocks US wind energy projects in switch to oil and gas
US representatives Jared Huffman and Jamie Raskin earlier this month called agreements outrageous and unlawful
FCC orders review of ABC licenses after Jimmy Kimmel’s Melania Trump joke
Eight local broadcasting licenses under review after White House launched attack on late-night host over comment
How the UAE’s decision to leave Opec could recast the Middle East
Defection is damaging to Saudi Arabia’s prestige – and could strengthen the US hand in the region
Another shadow banking hit – but otherwise, Barclays looks fine
The bank should not sound the all-clear but twin embarrassments do not mean the current credit cycle will end in tears
US gas prices surge to highest level in four years, averaging $4.18 a gallon
Oil prices surged as talks on reopening of strait of Hormuz remain gridlocked, sending prices $1 higher than last year
Fears of resurgence in Somali piracy after three vessels hijacked in a week
Pirates appear to be taking advantage of international naval strength being diverted to Middle East
UAE quits Opec in win for Trump as oil cartel weakened
US president has accused organisation of ‘ripping off the rest of the world’ by inflating oil prices
Singing activists disrupt NatWest meeting over ‘climate backtracking’
AGM briefly adjourned after protesters wearing T-shirts labelled ‘No more big oil’ burst into song
‘It feels like a betrayal’: anger as Apple to close its first unionized store in the US
Tech giant accused of ‘cynical attempt to bust the union’ in decision to shutter location in Towson, Maryland
UAE quits Opec in ‘pivotal moment’ for oil producing group – as it happened
It’s UAExit as the United Arab Emirates will leave Opec on 1 May, in a blow to the group of oil producers
Turn on, tune in, cash out … The US right used to fear psychedelics. Now it wants to sell them
Hallucinogens have come a long way from the 60s counterculture to Trump’s White House, says academic and drug policy researcher Kojo Koram
Europe’s smaller airports ‘under threat’ if fuel shortages cause many cancellations
High fuel prices and passenger delays as result of EU’s EES entry-exit system leading to problems, says trade body
Barclays cuts back risky lending after £228m hit from UK mortgage firm MFS
Bank’s chief executive points to alleged fraud as it sets aside a further £105m for motor finance compensation
BP profits more than double as oil prices soar in Iran war
First-quarter profits of $3.2bn prompt outrage from campaigners, who say figures come at expense of consumers