GDP hit by higher energy prices caused by Middle East conflict, after 0.3% rise in March The UK economy contracted by 0.1% in April as the Iran war began to take its toll on growth, official figures show. As energy…
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GDP hit by higher energy prices caused by Middle East conflict, after 0.3% rise in March The UK economy contracted by 0.1% in April as the Iran war began to take its toll on growth, official figures show. As energy prices have risen as a result of the conflict, after Iran closed off the strait of Hormuz – a vital shipping route for global trade – the UK’s strong expansion in the first quarter slid into reverse. Continue reading...
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Global growth forecast cut to 2.5 percent due to surging energy prices, inflation and borrowing costs.
Ambassador Mike Waltz says Gulf allies back Trump's blockade and economic pressure campaign against Iran, with UAE and Bahrain validating U.S. strategy.
As part of the deal, Iran gets rewarded economically if they meet their obligations, a senior administration official said Friday. Grouped from 18 articles across 8 sources.
The Pentagon has released video of missiles launching in what it calls self-defense strikes amid the latest round of attacks between the U.S. and Iran. Charlie D'Agata reports.
BTS-mania, with all the fan spending and travel, is poised to boost South Korea's economy well into the future
Strikes on Bemani damaged key water reservoir for 20,000 people living in area amid a historic drought in the country Military strikes that damaged two water storage facilities in southern Iran may constitute a war…