Nigerian refinery accused of sacking union members is key to UK plan to tackle jet fuel shortage
Heidi Alexander says part of answer to strait of Hormuz crisis is importing more fuel from US and west AfricaA refinery in Nigeria accused of dismissi...
Labor extends EV tax break to encourage cheaper vehicles amid soaring fuel prices
As the cost of the scheme blows out, the government has announced the full discount will be retained for another year, after which it will only apply ...
Jim Chalmers rules out fuel excise extension and downplays hopes for tax relief in ‘most responsible’ budget yet
The treasurer also says May federal budget will play ‘helpful not harmful role in fight against inflation’Jim Chalmers has warned there will be little...
UK airlines given green light to cancel or consolidate flights to conserve jet fuel
Carriers examining which flights can be cancelled with least disruption under plans to avoid summer travel chaosUK airlines will be able to cancel or ...
Spirit Airlines shuts down after Trump’s war on Iran doubled jet fuel prices
The ultra-low-cost air carrier Spirit Airlines shut down operations after 34 years in business and canceled all flights just after midnight Saturday m...
Australians will pay more if Albanese fast-tracks fossil fuel projects, former oil and gas leaders warn
Exclusive: Government should back projects that prioritise renewables to protect consumers from ongoing price shocks, they sayGet our breaking news em...
Mexico’s cartel crackdown hits top ranks – but will it fuel Jalisco violence?
Arrest of potential next leader found hiding in drainage pipe highlights renewed tactics – and fears of cartel infightingUS politics live – latest upd...
‘Historic breakthrough’: Colombia climate talks end with hopes for fossil fuel phaseout
Nearly 60 countries back voluntary roadmaps to wean world off coal, oil and gasGovernments have been asked to develop national “roadmaps” setting out ...
Air France-KLM cuts capacity growth forecast amid expected $2.4bn fuel bill rise
Move comes as airline industry reacts to uncertainty over Iran war and increase in price of Brent crudeBusiness live – latest updatesAir France-KLM ha...
How the War in Iran is Affecting Africa’s Economy and Fuel Supply
Despite the fragile cease-fire in the Middle East, many Africans say they are bracing for tougher times ahead and making difficult decisions about the...
How rising jet fuel prices are driving up the cost of fighting wildfires
The Iran war has nearly doubled jet fuel prices in the United States. That means the bill for firefighting aircraft operations this summer will likely...
Rising Fuel Prices Could Force Excruciating Choices on Economic Policies
The European Central Bank and Bank of England were expected to hold interest rates steady on Thursday while searching for signs of possible longer-ter...
Australia news live: Penny Wong wins jet fuel pledge from China in Beijing visit; US lawmaker says Aukus price might go up
Foreign affairs minister says China has agreed to facilitate exports of jet fuel to ease supply disruptions. Follow today’s news liveGet our breaking ...
UK refineries asked to maximise jet fuel production amid growing supply fears
Government request follows contingency to stop planes being grounded if Iran war supply shocks continueBusiness live – latest updatesBritish refinerie...
Inflation jumps to 4.6% in Australia as Iran war fuel shock begins to bite
Financial markets are betting the Reserve Bank will hike interest rates for a third straight meeting next Tuesday•Get our breaking news email, free ap...
Europe’s smaller airports ‘under threat’ if fuel shortages cause many cancellations
High fuel prices and passenger delays caused by EU’s EES entry-exit system causing problems, says trade bodyBusiness live – latest updatesEurope’s sma...
