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US oil prices could see another day of wild fluctuation as Iran war drags on

One analyst predicting that prices at the pump might hit $3.85 per gallon on Monday as war enters third week

Iran’s Hormuz blockade is its most powerful card against Trump and Israel. It won’t back down easily

By imposing massive costs on the global economy, the Iranian government hopes to cause the US to back down, says Jack Watling of the Royal United Services Institute

Chinese-owned Syngenta to build new £100m bioscience hub in UK

Agrichemical group will open a research centre in Berkshire, in a move hailed by UK government as ‘clear’ vote of confidence

Sobering times: alcohol-free beer added to UK inflation basket

Hummus and pet grooming also join list of goods and services used to help judge the impact of rising prices

European takeover battle hots up with UniCredit’s ‘unfriendly attack’ on Commerzbank

Milan-based bank plans to up its near-30% stake in German lender to trigger formal talks despite strong opposition from Berlin

Mayor unveils £1.5bn ‘People’s Network’ transport plan for South Yorkshire

Trams, buses and hire bikes will be integrated under molten orange and asphalt black livery highlighting industrial heritage, says Oliver Coppard

What is the strait of Hormuz and can the US stop Iran from blocking it?

Energy prices have soared as Iranian strikes and reports of mines prevent ships from transiting the chokepoint

‘Like a DVD in the present tense’: are we ready for film distribution via USB drives?

As big tech continues to dominate the film industry, Video StoreAge is a uniquely crafted company that works with film-makers to sell independent films on USB drives

Taxpayer bill for saving Scunthorpe steel furnaces could top £1.5bn by 2028, auditor says

National Audit Office highlights benefits of state rescue for jobs and orders but warns of continuing high cost

Africa particularly vulnerable as Iran conflict disrupts supply chains, say experts

Food production in many African countries depends heavily on fertiliser imported from the Gulf through the strait of Hormuz

Oil prices rise after Trump claims US ‘totally demolished’ Iran’s Kharg Island export hub

Another weekend of violence compounded global market concerns over war in the Middle East, following US strikes on the vital oil hub

Trump steps up pressure on European allies to help protect strait of Hormuz

US president says it is ‘only appropriate’ for Europe to help, and warns failure to do so would be ‘very bad’ for Nato

Thames Water lenders float new £10bn rescue plan

Latest effort involves paying off fines worth hundreds of millions of pounds as part of bid to stave off financial collapse

Virgin Holidays rep told me to pay for hotel after Iran war forced flight cancellation

We were stranded as flights were cancelled, but the travel company didn’t seem aware of our rights

Trump claims he has ‘absolute right’ to impose new tariffs after supreme court blow

US supreme court has ‘ransacked’ the country, president argues, in wake of its ruling against his trade agenda

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