Economy

Kremlin warns Ukrainian drone attacks on Russian gas hubs could destabilize energy markets amid Iran war

Ukrainian drone raids on Russian gas infrastructure could spell disaster for energy markets amid the Iran war, Kremlin spokesman Dmitry Peskov has warned

Israel has just set off a chain reaction that will set the Gulf on fire

Facing a struggle for survival, Iran is making the world's entire energy economy its battleground

Moscow warns EU of energy crisis amid Iran war and rejection of Russian supplies

Kremlin envoy Kirill Dmitriev has warned the EU of an energy “price tsunami” amid the war in Iran and rejection of Russian energy

HSBC considers cutting 20,000 jobs in AI-driven overhaul

HSBC plans to cut up to 20,000 jobs in an AI-led overhaul, Bloomberg reports, as the UK bank aims to automate roles as part of a $1.5 bn cost-saving drive

Qatar accuses Israel of ‘dangerous’ strikes on Iranian gas field

The Qatari Foreign Ministry has accused Israel of targeting Iran’s South Pars gas field, amid reports the strike was coordinated with the US

India increases liquefied petroleum gas production amid Middle East crisis

India has implemented emergency measures to ensure gas supplies for its large population