Brent crude tops $104 a barrel as hopes fade for deescalation in US-Israel war on Iran.
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Bernie Sanders and Alexandria Ocasio-Cortez introduce bill to pause AI rollout amid growing backlash to technology.
Developing economies in Asia, Africa and the Middle East are most exposed to surging energy costs.
Tehran’s statement on opening of key waterway comes as US President Trump says talks are taking place to end the war.
Energy crunch prompted by Iran war poses ‘major threat’ to global economy, Fatih Birol says.
Key indexes in Japan, South Korea and Hong Kong tumble as Iran threatens attacks on energy infrastructure across region.
Heavy social media use has contributed to ‘worrying decline’ in wellbeing in Western countries, report says.
Stocks tumble as attacks by Israel, Iran on critical energy infrastructure exacerbate fears for global energy supplies.
Prices are likely to rise substantially if the Strait of Hormuz remains, in effect, closed, market watchers say.
Number of ships transiting Strait of Hormuz has nearly doubled in recent days, maritime intelligence company says.
