Of course we shouldn’t drill for more oil in the North Sea – we cancelled further exploitation for a reason

We are at a critical point in the climate emergency and already struggling to meet emissions reduction targets. The UK government must hold its nerve, says Bill McGuire, professor emeritus of geophysical and climate hazards

A day in the life of Asia’s fuel crisis

From farms in New Zealand to factories in Delhi, the effects of the oil crisis triggered by the Iran war are rippling across Asia

‘Food security timebomb’: a visual guide to the Gulf fertiliser blockade

UN says record numbers of people could face acute hunger if conflict continues

Australia says it won’t raise drug prices after Trump’s 100% tariff on pharmaceuticals imported into US

Health minister Mark Butler says federal government is ‘not negotiating’ when it comes to removing price protections on common medications

Trump threatens 100% tariff on drug makers that don’t strike deals to lower US prices

New tax will hit branded drugs and active ingredients while exempting generics for at least one year

Alleged maple syrup scam in Quebec uncovered by Canadian broadcaster

A Radio-Canada reporter noticed his maple syrup tasted odd; testing revealed it was adulterated with cane sugar

US government sues Illinois, alleging unlawful efforts to regulate prediction markets

Booming prediction market sites, such as Kalshi and Polymarket, face scrutiny from states and Congress

Blue Owl Capital limits withdrawals after investors try to redeem $5.4bn

Private credit investment firm’s move is latest sign of crumbling confidence in unregulated lending market

Oil price jumps and markets slide after Trump warning to Iran

Brent crude rises 8% as US president vows to hit Iran ‘extremely hard’ over coming weeks

US crude oil hits $110 a barrel and markets drop as Trump dashes Iran de-escalation hopes – as it happened

Rolling coverage of the latest economic and financial news

CBS News streaming employees reach deal on new contract after walkout

Union has reached a tentative agreement for a three-year contract after holding a 24-hour walkout in March

How could strait of Hormuz closure affect UK food and medicine supplies?

Effects of Iran’s blockade will depend on how long crisis lasts as disruption ripples through supply chains

Stellantis recalls 44,000 UK vehicles over fault that could cause fires

Affected cars include models in Peugeot, Citroën, Vauxhall, Lancia, Alfa Romeo, Jeep and Fiat brands made since 2023

Goodbye mrbrightside416: Google allows users to alter quirky Gmail addresses

Those in US given chance to have more professional usernames without losing access to account

UK firms expect to raise prices more quickly as Iran war pushes up costs

Bank of England survey in March shows chief financial officers foresee 3.7% increase over coming year