UK Waters Down New Russian Oil Sanctions as Fuel Prices Rise

FAO warns of agrifood shock from Strait of Hormuz closure

Rome: The Food and Agriculture Organisation of the United Nations warned on Wednesday that a prolonged closure of the Strait of Hormuz risks triggering a structural agrifood shock, which could culminate in a severe global food price crisis within six to 12 months.To mitigate this outcome, the FAO recommended establishing alternative trade routes, managing export restrictions, safeguarding humanitarian aid flows, and building strategic reserves t…

BOB SEELY: We shut down our oil industry - then give money to an enemy

If you want an example of the reckless foolishness of the Net Zero madness foisted upon Britain, look no further than Labour's decision to ease sanctions on Russia's murderous regime.

Feds probe suspicious oil trades worth $800M made just before major Iran war news: report

Wall Street regulators are investigating a batch of suspiciously well-timed oil trades worth more than $800 million amid mounting accusations of insider trading connected to the Iran war, according to a report.

High gas prices take a toll on Bay Area food banks

Leaders of several Bay Area social service agencies say they are struggling to pay for fuel to operate their trucks that deliver much-needed groceries to people in need.

U.S. crude oil falls below $100 per barrel after Trump says Iran talks in final stages

Trump told reporters that the administration was in the "final stages" of negotiations with Iran, according to a pool report.

Keir Starmer denies backsliding on Ukraine after phasing in Russian oil bans

The UK government has faced intense political backlash after quietly introducing temporary trade licences to phase in a ban on Russian oil refined…