‘Mental breakdown’: oil tanker workers stuck in Gulf for six weeks are reaching their limit
Seafarer refuses to sail through the strait, citing safety risks and mounting psychological toll
OpenAI shelves Stargate UK in blow to Britain’s AI ambitions
Artificial intelligence company cites high energy costs and regulation for putting landmark project on hold
UK to give £380m grant to Tata battery factory in Somerset
Investment in plant due to supply batteries to Jaguar Land Rover expected to boost economic growth and secure jobs
Lidl to open 50 UK stores in year ahead – and its first pub
Almost 2,000 jobs will be created, with retailer vying to overtake Morrisons as Britain’s fifth largest supermarket
Gentleman’s Relish is toast after its maker axes the pungent anchovy spread
Falling sales end production of condiment created in 1828 – but London restaurant Simpson’s keeps it on the menu
Oil rises and global stocks wobble amid worries over ‘fragile’ ceasefire deal in Middle East – as it happened
Rolling coverage of the latest economic and financial news
Strait of Hormuz not open, Abu Dhabi’s oil chief says as crude prices rise
Uncertainty over US-Iran ceasefire pushes price of Brent crude towards $100 a barrel
Head of IMF says Iran war will permanently scar global economy even if peace is reached
Kristalina Georgieva says even ‘most hopeful scenario’ will lead to growth downgrade and cause permanent hit to living standards
BA to reduce Middle East flights when services resume in July
After suspending routes owing to Iran war, airline will operate more direct flights to India and Kenya
It shouldn’t take a war for Britain to wake up to the need for food security
Everyone has a part to play in reducing our reliance on imported foods, but ministers must provide incentives, says Tim Lang of the Centre for Food Policy
Ed Miliband hold firm! North sea oil and gas drilling won’t help anyone other than Nigel Farage
It’s worrying to watch Labour entertain Reform’s fantasies about fossil fuels. Only renewables will bring lower bills and higher energy security, says Guardian columnist Zoe Williams
Give all UK households a set amount of subsidised energy, says thinktank
Proposal to help people heat two rooms, provide hot water and run key appliances without incurring more debt
Oil prices plunge and stocks jump after Trump announces conditional ceasefire with Iran
Oil heads for biggest daily fall since pandemic as Iran says it will reopen strait of Hormuz under its management
Ceasefire brings relief to financial markets – but it is far from absolute
Situation still volatile as Tehran and Washington issue conflicting messages about opening of Hormuz channel
Will shipping in the strait of Hormuz – and oil prices – return to normal?
Analysts say doubts over stability of the ceasefire and damage to production sites mean the energy crisis is far from over