Dubbed ‘Liberation Day’ by the US president, all nations were included in the sweeping measures – with the UK hit by a 10 per ...

Trump’s sweeping tariffs take effect, including 104% China levy; China responds with an 84% tariff on US goods; US Treasury ...

Former Treasury Secretary Larry Summers warned on Thursday that Trump's tariffs will impose an "oil crisis-like shock" to the ...

Lawmakers in the state Capitol are pushing to avert a broad scarcity crisis with funding to desalinate seawater, purify salty ...

Trafigura, Vitol, Gunvor and Mercuria in major expansion drive as they deploy windfall profits from energy crisis ...

Iraq has agreed to supply Lebanon with fuel for six more months, the office of Iraqi Prime Minister Mohammed Shia al-Sudani said in a statement on Saturday, renewing a deal meant to alleviate ...

We risk becoming desensitised to the dramatic headlines warning of a food shortage disaster. But it’s all true, writes Editor ...

By Dele Sobowale “The most obstinate illusions are ultimately broken by facts” – Trevor-Roper, 1914-2003 When Dangote ...

The oil crisis was triggered by the Yom Kippur War ... raised oil prices by 70 percent and curtailed supply to put pressure on the United States and other allies of Israel.

Many essentials, such as white bread, margarine, tea, coffee, and processed foods are taxable, meaning the VAT hike will ...

Oil prices have sold off heavily as the market deals with a potential demand hit from tariffs and a surprise supply increase ...