Latest in Gas prices set to rise as Trump tariffs hit Canadian and Mexican oil
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Uranium prices hit record as thirsty AI data centres add to market squeeze
Industry pressured to build new conversion facilities to cover end of US import waiver and impact of Ukraine warFinancial Times - Jan. 11 -
Ukraine war briefing: Zelenskyy hails ‘significant blow’ of US-UK sanctions on Russian oil and gas revenues
Ukrainian president says the less Moscow earns from oil, ‘the sooner peace will be restored’; Kyiv claims attack on Russian military facility. What we know on day 1,053. See all our Ukraine ...The Guardian - Jan. 11 -
Crude prices jump as U.S. imposes sweeping sanctions against Russia oil industry
The U.S. Treasury Department is targeting more than 180 Russian tankers.CNBC - Jan. 10 -
Oil prices rally as fresh U.S. sanctions on Russia threaten global supplies
Oil futures ended sharply higher on Friday, as fresh U.S. sanctions on Russia’s oil sector looked to threaten global supplies and as winter storms in the U.S. were expected to boost demand for ...MarketWatch - Jan. 10 -
Biden administration imposes toughest sanctions on Russian oil and gas
Measures targeting Russian energy sector attempt to leverage peace deal for Ukraine in Trump administration. The Biden administration on Friday imposed its broadest package of sanctions yet ...The Guardian - Jan. 10 -
Resold tickets prices set to be capped under UK tout crackdown
Ministers vow to stop resellers ‘fleecing the public’ after fan outcry over cost of Oasis concertsFinancial Times - Jan. 10 -
Canadian official on Trump 51st state remarks: 'The joke is over'
Canadian official Dominic LeBlanc criticized President-elect Trump’s “51st state” remarks Wednesday, saying they were no longer funny. “The joke is over,” said LeBlanc, Canada’s finance and ...The Hill - Jan. 9 -
Iran holds military drills as it faces rising economic pressures and Trump's return
Iran is reeling from a cratering economy and stinging military setbacks across its sphere of influence in the Middle EastABC News - Jan. 9 -
Mexico president trolls Trump with "Mexican America" map
Mexico's president sarcastically said that the U.S. should be called "Mexican America" after Trump's vow to rename the Gulf of Mexico the "Gulf of America."CBS News - Jan. 9 -
Tesco and M&S warn of rising costs but pledge to minimise price increases
Shares in retailers fall despite positive Christmas tradingFinancial Times - Jan. 9 -
Trump will struggle to drive down oil prices
Energy production in the US will rise but more of the output will be gassyFinancial Times - Jan. 9 -
Chinese consumer prices barely rise as deflationary pressure weighs
Beijing has struggled to stimulate domestic demand in economyFinancial Times - Jan. 9 -
Oil prices settle lower as U.S. crude supplies fall but product stocks rise
Oil futures settled with a loss on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for a seventh straight week, but gasoline and ...MarketWatch - Jan. 8 -
Canadian leaders say Trump's talk about Canada becoming the 51st state isn't funny anymore
Canada's finance minister says U.S. President-elect Donald Trump’s comments that Canada should become the 51st state are no longer a joke and are meant to undermine America’s closest ally and major ...ABC News - Jan. 8 -
Mexico's president hits back at Trump over 'Gulf of America': 'We're going to call it Mexican America'
Mexican President Claudia Sheinbaum dove into President-elect Trump’s chatter of geopolitical rearrangement Wednesday, proposing a name change for North America in response to Trump’s musings about ...The Hill - Jan. 8 -
Alaska sues Biden administration over restrictions on arctic oil, gas development
The state of Alaska on Wednesday sued the Biden administration over restrictions the federal government imposed in December on oil and gas leases in the Arctic set for auction this week. The ...The Hill - Jan. 8 -
Here’s the real winter-storm effect on natural-gas prices and heating bills
The recent rally in natural-gas prices raised an alarm among consumers suffering from a cold snap in much of the U.S. this week — but when it comes to household spending on the heating fuel this ...MarketWatch - Jan. 8 -
Obamacare Enrollment Hits Record Ahead of Trump’s Return
Almost 24 million Americans have signed up for plans offered under the Affordable Care Act, driven by subsidies that are expiring and that Congress may not renew.The New York Times - Jan. 8 -
China’s currency hits 16-month low on Trump tariff fears
Renminbi under pressure from stronger dollar and concerns about incoming US president’s trade plansFinancial Times - Jan. 8 -
Will US markets keep rising under Trump?
Economic uncertainty and frothy valuations jar with investor optimismFinancial Times - Jan. 7 -
Services index shows big jump in prices for December as companies fear tariffs
The ISM services survey's prices index jumped to 64.4%, an increase of 6.2 points or more than 10%.CNBC - Jan. 7 -
Consumers could face price rises of 20% in 2025, trade experts warn
Global instability and possibility of Trump administration imposing tariffs may disrupt flow of goods . The price of household staples including food and drink could climb by as much as 20% in 2025 ...The Guardian - Jan. 7 -
‘Inflation levels seem to be increasing’: Businesses are worried about tariffs and rising prices.
The holiday shopping season gave a boost to service-oriented companies in December, but top executives were wary of potential Trump tariffs and a recent uptick in inflation.MarketWatch - Jan. 7 -
Next blames clothes price rises on wage increases set out in Budget
The retailer expects employee costs to increase by £73m due in part to rising National InsuranceBBC News - Jan. 7 -
Trump cites tariffs in call to merge Canada, US
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump proposes 'merged' US, Canada President-elect Trump on Monday raised the ...The Hill - Jan. 6 -
Trump will need to ‘establish a relationship’ with next Canadian PM as he threatens new tariffs
Canadian Prime Minister Justin Trudeau announces plans to step down after growing calls for his resignation. New York Times Canada Bureau Chief Matina Stevis-Gridneff and NBC News Correspondent ...NBC News - Jan. 6 -
Has Trump caused the Canadian prime minister to resign?
Justin Trudeau announced his resignation on MondayBBC News - Jan. 6 -
Biden bans new offshore oil and gas drilling along most of US coastline
Action will protect 625mn acres of ocean as outgoing president seeks to bolster environmental legacyFinancial Times - Jan. 6 -
Trump: Washington Post report on tariff policy 'wrong'
President-elect Trump is denying a report in The Washington Post that outlines how his top aides are exploring a tariff plan that would only cover critical imports. The Post report cites three ...The Hill - Jan. 6 -
Trump reportedly considering important alteration to tariff plans
President-elect Donald Trump is considering a plan that still would apply tariffs to all nations but narrow the impact.CNBC - Jan. 6 -
China’s yuan hits 16-month low amid fears over Trump tariffs
CSI 300 blue-chip stock index also trades weakly, hitting its lowest point since September. China’s currency hit a 16-month low on Monday, despite efforts by the central bank and stock exchanges to ...The Guardian - Jan. 6 -
Biden Bans New Oil and Gas Drilling Along Most U.S. Coasts
The ban affects the entire Eastern Seaboard, the Pacific Coast along California, Oregon and Washington, the eastern Gulf of Mexico and the Northern Bering Sea.The New York Times - Jan. 6 -
Biden bans new offshore oil and gas drilling in most U.S. coastal waters
President Biden is taking executive action to protect more than 625 million acres of the American ocean from offshore drilling, the White House announced.CBS News - Jan. 6 -
UK firms plan price rises as business confidence falls to lowest level since 2022 ‘mini-budget', survey finds
Firms across hospitality, manufacturing, construction and healthcare expressed concerns about how they would cover additional tax costs.CNBC - Jan. 6 -
Trump’s ambitious oil plans will not derail Russia
It would still be very disruptive to try to embargo Russian oil from the world markets altogetherFinancial Times - Jan. 6 -
New York City set to implement controversial plan to reduce traffic with congestion pricing
Beginning Sunday, New York City will implement a first-in-the-nation congestion pricing plan designed to reduce traffic and pay for transit improvements. Ali Bauman has more details.CBS News - Jan. 4 -
‘Ironic’: climate-driven sea level rise will overwhelm major oil ports, study shows
Ports including in Saudi Arabia and the US projected to be seriously damaged by a metre of sea level rise. Rising sea levels driven by the climate crisis will overwhelm many of the world’s biggest ...The Guardian - Jan. 4