Polymarket and other prediction platforms driving oil market, traders say

Datafeeds from platforms being used to create algorithms that determine multimillion-dollar trades on global market

Starmer calls for ‘ambitious’ new UK-EU ties as Trump threatens to quit Nato

PM to focus on European defence and economic partnership for ‘dangerous world’, in pivot away from US

UK food inflation ‘could hit 9%’, trade body warns as Reeves meets retail chiefs

Discussion on how to ease impact from Iran war coincides with Food and Drink Federation almost tripling forecast

Starmer’s ‘five-point energy plan’ was not a plan

Two of the points were measures on energy bills from the autumn budget, another restated the existing energy strategy

UK is most vulnerable European country to jet fuel shortages, Ryanair boss says

Michael O’Leary says UK’s reliance on Kuwait for jet fuel supply amid Iran war exposes it to possible shortages

Oil tumbles and UK’s FTSE 100 posts biggest daily rise in a year on hopes Middle East war will end soon – as it happened

Brent crude prices have fallen sharply, while the FTSE 100 is up 1.8% and government bonds are rallying

Australia’s land value has gone through the roof. Where does that leave young people who want to buy a home?

The capital gains tax discount helps real estate investors become even wealthier. Time to give the young a slice of ‘the Australian dream’

Would more North Sea drilling mean lower energy prices for UK consumers?

Kemi Badenoch claims increased UK oil and gas production would cut bills by £200, but critics say plan won’t work

Oil price falls and markets rally after Trump says Iran war over in ‘two to three weeks’

US president’s claim that conflict is nearing end prompts 15% drop in Brent crude and stock market climb in Asia

Housebuilder Berkeley to halt buying new land and hiring staff

Group cuts costs as shares plunge while it grapples with impact of Iran war on property market

This is what a fossil-fuel shock looks like. The UK must adapt its energy system – and quickly

The Iran war will hit food prices, fuel costs and interest rates. But we could could turn this crisis to our advantage, says Chaitanya Kumar of the New Economics Foundation

BP is operating in a world of ‘significant complexity’, new boss tells staff

Meg O’Neill’s memo comes as company tries to rebuild strategy amid oil shock of Iran war and after failed green pivot

Iran war may increase mortgage payments for extra 1.3m households, says Bank of England

Financial policy committee predicts ‘Trumpflation’ rises, as average two-year fixed rate hits 5.84%

US tech firm Oracle cuts thousands of jobs as it steps up AI spending

Company chaired by Trump ally Larry Ellison seeks to reassure investors that bet on AI infrastructure will pay off

Lunar prospectors: the businesses looking to mine the moon

Within the lunar dirt is a type of helium so rare on Earth that a palm-sized container is estimated to be worth millions