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Hormuz opening enables Iraq to export over 20 mln barrels of oil
Tehran’s decision to fully open the strait "guarantees that about twenty tankers will be able to sail from Iraq already in the near future, which are capable to transport about 23 mln barrels of oil produced in Basrah to the global market," the news portal said
Sources: Cursor in talks to raise $2B+ at $50B valuation as enterprise growth surges
AI coding startup Cursor is nearing new funding in which the four-year-old company would raise at least $2 billion in fresh capital, according to four sources familiar with the matter. Returning investors Thrive and Andreessen Horowitz are expected to lead the financing at a $50 billion valuation, prior to the new capital injection, the people said. Battery Ventures, a new investor, may also participate in the financing, according to two sources. Strategic investor Nvidia is also expected to wri...
Fed's Waller Expresses Caution About Lowering Rates
Federal Reserve Governor Christopher Waller says he is cautious about the need to lower interest rates in the near term due to the energy shock triggered by war in Iran during remarks at Auburn University. (Source: Bloomberg)
US confirms transit fare spike to $150 for World Cup fans in New Jersey
Fares confirmed at nearly 12-time hike to get from Manhattan’s Penn Station to the Metlife Stadium in East Rutherford.
'The Prime Minister needs to impose a tighter grip on decisions taken in his name'
'The Prime Minister needs to impose a tighter grip on decisions taken in his name''Mr Starmer is right to be furious but it must be a moment of reckoning for the Prime Minister - he needs to toughen up and learn from this'CommentsNewsopinionVoice of the Mirror20:10, 17 Apr 2026View ImageVoice of the Mirror has its say...He needs a firmer gripKeir Starmer admits he made a serious mistake making Peter Mandelson US ambassador. But what matters just as much is he was not given th...
Oil Tankers Hauling US Crude Via Panama Approaching 4-Year High
US oil cargoes transiting the Panama Canal are close to a four-year high as Asian refiners rush to import American crude in lieu of Mideast supplies strangled by the weeks-long disruption to Strait of Hormuz shipping.
Sainsbury's threatens shoplifters with prosecution if they are caught swapping premium eggs into cheaper boxes
Sainsbury's threatens shoplifters with prosecution if they are caught swapping premium eggs into cheaper boxesBy FRANCINE WOLFISZ, NEWS REPORTER Published: 19:49, 17 April 2026 | Updated: 19:52, 17 April 2026 e-mail View comments
Gasoline could drop below $4 in coming days
Gasoline costs should start to fall soon, although a full recovery to pre-war prices is expected to take months. That's assuming that peace holds and traffic flows resume through the Strait of Hormuz.(Image credit: Patrick T. Fallon)
Shipping firms seek clarifications before crossing Hormuz
Shipping companies said several things had to be clarified, including the presence of mines, Iranian conditions.
At least 50 ice class vessels required by 2030 — Deputy PM
The current portfolio of orders of Zvezda shipyard provides for construction of 26 transport ships for cargo carriage along the Northern Sea Route, Russian Deputy Prime Minister Yury Trutnev noted
World Cup fans face $150 train fares as New Jersey defends steep transit hike
Newark: Sky-high ticket prices won't be the only thing emptying the wallets of soccer fans attending World Cup matches at some U.S. venues this spring.Fans trying to get to MetLife Stadium from New York City can expect to shell out $150 for a round-trip train fare for each match, transportation officials confirmed Friday.Get updated faster and for FREE: Download the Gulf News app now - simply click here. That's nearly 12 times the regular $12.90 fare for the roughly 15-minute, 9-mile (14-kilomet...
Oil prices plummet after Iran says Strait of Hormuz is "completely open"
MoneyWatch Oil prices plummet after Iran says Strait of Hormuz is "completely open" .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Mary Cunningham Mary Cunningham Reporter, MoneyWatch Mary Cunningham is a reporter for CBS MoneyWatch. She previously worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program. Read Full Bio Mary Cunningham April 17, 2026 / 2:20 PM EDT / CBS News Add CBS News on Google Oil...
قیمت نفت برنت پس از اعلام بازگشایی تنگه هرمز با ۱۱ درصد کاهش به ۸۸ دلار در هر بشکه رسید
پس از آنکه آمریکا و جمهوری اسلامی جمعه ۲۸ فروردین اعلام کردند تنگه هرمز برای کشتیرانی تجاری بازگشایی شده است، قیمت نفت برنت، شاخص جهانی قیمت نفت، بیش از ۱۱ درصد کاهش یافت و به حدود ۸۸ دلار در هر بشکه رسید.
EuroMillions winning numbers live: Lottery results for April 17 with £114m jackpot
NewsUK NewsNational LotteryLIVEUpdated 6 mins agoEuroMillions winning numbers live: Lottery results for April 17 with £114m jackpotA staggering £114m is up for grabs in tonight's EuroMillions draw with players needing to match all five main numbers and the two lucky stars to win the huge lottery prizeThe EuroMillions jackpot is a massive £114m this evening(Image: AFP via Getty Images)CommentsNewsZahra Khaliq News ReporterA lucky Brit could be in with the chance of winning a life-changing £1...
Rachel Reeves to raise windfall tax on low-carbon electricity generators
Chancellor aims to curb rising household bills as she consults on reforms to weaken link between gas and electricity pricesRachel Reeves is poised to raise the government’s windfall tax on low-carbon electricity generators to help to limit UK household energy bills, the Guardian understands.The chancellor is ready to hike the levy introduced in 2022 to target the excess profits made by the owners of older renewable energy and nuclear plants as electricity market prices soared after Russia’s full...
Fans feel 'gouged' by £111 World Cup train tickets
Fans feel 'gouged' by £111 World Cup train ticketsImage source, Getty ImagesImage caption, Fans will have to pay more than $100 to catch a train to MetLife Stadium for the eight World Cup fixturesByDale JohnsonFootball issues correspondentPublished13 minutes ago50 CommentsThe Football Supporters' Association says fans are being "fleeced" and "gouged" after the announcement that a 30-minute train journey to a World Cup game at MetLife Stadium will cost $150 (£11...
Traders place $760 million bet on falling oil ahead of Hormuz announcement
BusinessInternationalTraders place $760 million bet on falling oil ahead of Hormuz announcementBy Reuters -Apr 17, 2026LONDON: Traders placed a bet worth about $760 million on a falling oil price around 20 minutes before Iran’s foreign minister announced on Friday that the Strait of Hormuz was open, another sizeable wager on the world’s most traded commodity ahead of major announcements in the course of the Middle East war. Large, well‑timed trades in recent months have drawn concern from U.S...
Calls mount for government to crack down on ‘frightening’ gig ticket prices
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Air Canada will suspend flights to JFK for nearly 5 months as jet fuel costs soar
New York: Air Canada will suspend service to New York's JFK International airport over the summer as the war in Iran creates jet fuel shortages that have sent prices soaring.Canada's flag carrier said Friday that service from Toronto and Montreal to JFK will cease June 1 and resume Oct. 25. Service to the New York metropolitan area's two other airports - LaGuardia and Newark - will continue.Get updated faster and for FREE: Download the Gulf News app now - simply click here. Air Canada says it wi...
Air Canada to cut flights as fuel prices soar
BusinessInternationalAir Canada to cut flights as fuel prices soarBy Reuters -Apr 17, 2026Air Canada said on Friday it will trim daily flights to New York from 38 to 34, starting in June, as higher fuel prices lead North American carriers to cut capacity on less profitable routes. Canada’s largest carrier is temporarily cutting four flights a day to New York’s John F. Kennedy International Airport, starting June 1, with plans to resume service on Oct. 25, 2026. In Europe, airlines have...