European stocks gain as oil slides, AI buzz lifts tech Reuters

Shipping traffic via Strait of Hormuz stays below 10-day average, data shows Reuters

Rupee slips as dollar gets Fed hike expectations tailwind Reuters

A diplomatic strategy to end the war.

The real barriers to competitiveness and innovation are still in place.

The global oil market has relied on five key buffers to cushion the impact of the Iran war: Western strategic reserves, bypass pipelines, commercial stockpiles, clandestine tanker runs across the Strait of Hormuz and lower Chinese buying.

The sector’s growth was built on a clear bargain with investors. That has now broken down

Steel yourself: We haven’t begun to feel the pain from London’s housing crisis. Homebuilding slowed to a crawl more than a year ago, so the idea that the real trouble hasn’t yet arrived is a sobering thought. Supply is on the brink of an “extraordinary collapse” that will start next year and extend

Given the restrictions imposed on him by Labour’s manifesto, the chancellor has limited options available to bring in money

Chancellor John Healey is looking for revenues in next month’s Budget to compensate for hit from higher borrowing costs due to Iran war