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Iran war

Finance ·
Trump loses Congress as midterms reshape global economy outlook

Democrats won both chambers of Congress in the US midterms. Here's what a weakened Trump presidency means for stocks, inflation, rates and growth.

US Capitol building floodlit at dusk after the 2026 midterm elections
Stocks ·
Hormuz crude exports near pre-war levels as diesel lags

Crude exports through the Strait of Hormuz returned to pre-war levels in September, but refined products like diesel remain constrained, pushing UK p…

Aerial view of a crude oil supertanker in a ship-to-ship transfer off Fujairah in the Strait of Hormuz.
Finance ·
GB energy bills forecast to rise £276 a year from January

Household energy bills in Great Britain are forecast to rise by £276 a year for a typical home from January, according to analysis by the consultancy…

Homeowner reviewing an energy bill in a dimly lit British kitchen
Finance ·
UK diesel hits 198.32p as Bailey warns on rates

UK diesel nears record 198.32p a litre as BoE governor Andrew Bailey warns high energy prices make it harder to hold rates; Morgan Stanley now sees h…

Driver holding a diesel pump at a UK filling station forecourt with the price display visible