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WTI, Brent as traders assess Trump comments on Iran war
A general view of the Port of Kharg Island Oil Terminal, 25 km from the Iranian coast in the Persian Gulf and 483 km northwest of the Strait of Hormuz, in Iran on March 12, 2017. Anadolu | Anadolu | Getty Images Oil prices swung in volatile trading on Tuesday as traders assess President Donald Trump‘s […]
Employers and staff feel effect of fuel price rise
Businesses and workers in south-west England say they are feeling the effect as petrol and diesel prices continue to rise as a result of the war in the Middle East. Gregory Distribution, a haulage firm based in Cullompton, said it had already felt the short term impact, but it was more concerned the long term […]
South Korea proposes over $17 billion in additional budget to ease energy costs as Iran war rages on
Workers install solar power infrastructure at a public parking lot within the National Assembly grounds in Yeouido, Seoul, on March 26, 2026. Nurphoto | Nurphoto | Getty Images South Korea on Tuesday proposed a supplementary budget worth 26.2 trillion won (about $17.1 billion) to ease the burden of rising energy prices on households and industries […]
Vermont defends its landmark climate superfund law against Trump administration lawsuit
Vermont’s effort to make fossil fuel companies pay for damage caused by climate change was tested Monday in a federal courtroom, where the state argued that two lawsuits challenging its groundbreaking 2024 law should be thrown out. Vermont became the first state to enact a climate superfund law, modeled on the federal superfund law that […]
Korean Air takes emergency action as fuel prices soar
[Getty Images] Korean Air says it is moving into emergency management mode to buffer the impact of surging jet fuel costs as the global economy is rocked by the ongoing US-Israel war with Iran. A spokesperson for the national flag carrier said on Tuesday that it will implement “internal cost-reduction measures” to manage its finances […]
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