Oil Prices Rise Amid Fears of US Strikes on Iran
Oil prices are increasing due to fears of potential US strikes on Iran, as both nations engage in military posturing over Tehran's nuclear program.
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Jittery Markets Seek an Iran ‘Off-Ramp’
Oil prices spiked and stocks fell as tensions between Washington and Tehran unnerved investors.
By Andrew Ross Sorkin, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Niko Gallogly, Brian O’Keefe and Ian Mount
Read full article →Oil prices rise amid fears of US strikes on Iran – business live
Both the US and Iran embark on military posturing amid a stand-off over Tehran’s nuclear programme Price pressures are continuing to weigh on Britain’s manufacturing sector, with new data showing another heavy fall in industrial orders. The CBI said the monthly order book balance stood at -28% in February compared with -30% in January. That is well below the long-run average of -14%. The downturn in manufacturing output eased in February, after a downbeat period around the turn of the year. However, many firms continue to report customers holding back amid low confidence and elevated cost pressures. The Spring Forecast is an opportunity for the government to build momentum behind its growth mission and restore confidence. Manufacturers want to see the government focused on accelerating Industrial Strategy delivery, addressing skills shortages, and lowering the cost of doing business by bringing forward energy costs support. Continue reading...
By Kalyeena Makortoff
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