South Korea to impose first fuel cap in nearly 30 years as Iran war sends cost of oil soaring
Cap expected be be implemented as soon as this week
South Korea to impose first fuel cap in nearly 30 years as Iran war sends cost of oil soaring
Cap expected be be implemented as soon as this week
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The basket of food products monitored by the Portuguese Association for Consumer Protection reached an all-time high this week. However, the increase cannot yet be justified by the Iran war.
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Fossil fuel giants are ‘cashing in’ on the Iran war. Is it time for a tax on windfall profits?
As Europeans brace for higher oil and gas prices, G7 nations are being urged to tax fossil fuel giants profiting from the war on Iran.
Euronews
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Euronews
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Pentagon tells lawmakers Iran war costs top $11.3bn – but true price unknown
US already spent more than $11.3bn in first six days of conflict, but price tag does not include all spending Middle East crisis – live updates Pentagon officials told top lawmakers in a closed-door briefing on Tuesday…
The Guardian
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European Airlines at Risk From Partial Hedges Against Fuel Costs
Soaring jet fuel prices are weighing on airline stocks and threatening earnings — with carriers positioned only for short-term disruption as the Middle East conflict grinds into its third week.
Bloomberg