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India Buys First Iran Oil Cargo Since 2019 as War Curbs Supply
State-owned refiner Indian Oil Corp. has purchased a cargo of Iranian oil which would be the country’s first such delivery since 2019, according to people familiar with the matter, as weeks of war in the Persian Gulf upend the energy trade.
Diesel tops 190p a litre but hopes of prices peaking rise on US-Iran ceasefire
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Construction firms report record inflation jump as Iran war hits new orders
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South Africa Leads Rebound in Emerging Markets Hit By Iran Conflict
South Africa’s rand soared, government bond yields tumbled and stocks jumped the most in six years as investors piled back into emerging-market assets that were worst-hit by the Middle East conflict.
‘Early bird’ Isa investors may end up thousands of pounds better off – analysis
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Fuel stations where petrol and diesel cost drops 'will be passed on quickly'
Fuel stations where petrol and diesel cost drops 'will be passed on quickly'Developments in the Middle East conflict have sparked hope that prices are about to top out after weeks of rapid risesCommentsMoneySteven Smith Content Editor11:05, 08 Apr 2026View 2 ImagesUK motorists have been hit hard(Image: Getty Images)Since conflict between the USA, Israel and Iran sparked an economic bombshell through March, petrol and diesel prices in the UK have risen sharply. Drivers had been enjoying...
White House budget would cut thousands of TSA jobs: What to know
President Trump’s 2027 budget proposal would cut thousands of Transportation Security Administration (TSA) jobs in a push toward privatizing the agency founded in 2001 that is housed under the Department of Homeland Security. Conservatives have long sought to outsource airport security, arguing that shifting screening to contractors would cut costs and improve operational efficiency. Critics…
Close Brothers says £320m car finance hit can be ‘comfortably absorbed’
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Mortgage rates ‘likely to remain higher for some time yet’
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Rachel Reeves' oil and gas windfall tax is blocking £17.5bn investment in North Sea, firms warn
Rachel Reeves' oil and gas windfall tax is blocking £17.5bn investment in North Sea, firms warnBy GREG HEFFER, POLITICAL CORRESPONDENT Published: 10:50, 8 April 2026 | Updated: 10:55, 8 April 2026 e-mail View comments
How UAE families can save money in uncertain times: Budgeting, saving and debt tips explained
Times have been a bit tough, of late.But chin up, chin up, as Dubai-based Shraddha Mishra, a homemaker insists on telling her children. "There's always a way forward, and that's what we do."Indeed, in the past one month, she along with other residents have looked to make changes in their lives, cut costs wherever necessary and if that includes switching cereals for bread, so be it.For instance, Mishra and her family have reduced their family trips considerably in the past month. “We used to go...
Now you can buy gold in Dubai and get it delivered home
Dubai: Now, you can even get gold delivered home to you. The Dubai Gold District rolled out a new home-delivery service on Wednesday, allowing buyers to browse, select, and purchase gold without visiting the market.Under the new service, buyers can arrange private consultations with participating retailers and select gold or jewellery remotely. Once the purchase is finalised, items are delivered securely to their homes — offering a more discreet and convenient way to buy high-value pieces.The i...
UAE expats hit by pay cuts, unpaid leave look to US-Iran ceasefire for relief
[Editor's Note: Follow Khaleej Times live blog amid US-Israel-Iran ceasefire for the latest regional developments.]After more than a month of regional conflict that unsettled residents of the UAE over travel, jobs and income, a temporary ceasefire between the US and Iran has eased fears and brought some hope and relief, especially for those currently outside the country.Employees who had travelled home in recent weeks said their return to the UAE had become uncertain, with some employees facing...
UAE Central Bank issues new 9-to-6 rule to stop unwanted telemarketing calls
The Central Bank of the UAE has issued a warning to licensed financial institutions in the country—including banks, insurance companies, reinsurance firms, and other financial entities—granting them a 90-day period to comply with the newly introduced “Telemarketing Regulation.”The Central Bank circulated the details of the telemarketing framework to banks and financial institutions. The regulation will come into force immediately upon its publication in the Official Gazette, with a 90-day grace...
India's lack of widebody aircraft a 'scandal', says incoming IndiGo chief
India's lack of widebody aircraft a 'scandal', says incoming IndiGo chief2 hours agoShareSaveAdd as preferred on GoogleSteve Lai and Soutik BiswasBloomberg via Getty ImagesWillie Walsh is the current director general of the International Air Transport AssociationIndia's aviation market is poised for significant expansion but remains constrained by a limited number of widebody aircraft, Willie Walsh, the incoming chief executive of IndiGo, told the BBC.Walsh described the coun...
Market Relief After US-Iran Ceasefire Before Trump Deadline | The Opening Trade 4/8/2026
Stocks surged and oil dropped below $100 after the US and Iran agreed to a two-week ceasefire in exchange for Tehran reopening the Strait of Hormuz. The deal buys time for the two sides to potentially reach a longer agreement to end the six-week conflict, which has killed thousands of people and sparked a global energy crisis. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day...
How WSL aims to bridge academy gap - and why it needs to
How WSL aims to bridge academy gap - and why it needs toImage source, Getty ImagesImage caption, Chelsea academy graduate Lexi Potter spent two seasons on loan at Crystal PalaceByEmma SandersBBC Sport women’s football news reporterPublished4 minutes agoWhile the Women‘s Super League grows each season, so does the challenge for England's youngsters hoping to break through - as Sonia Bompastor has noted.Chelsea's manager has raised concerns over the gap between academy football and first...
Bristol airport loses legal challenge against Cardiff rival over £205m subsidy
Tribunal dismisses claim that the Welsh government’s financial package breached competition rulesCardiff airport has won a legal challenge brought by its rival in Bristol over the fairness of a £205m Welsh government subsidy package.A judgment by the competition appeal tribunal on Tuesday unanimously dismissed Bristol airport’s case against the Welsh government, which the south-west England hub had argued distorted the market and breached the Subsidy Control Act. Continue reading...
Central Banks Are in 'Wait and See' Mode, JPMorgan Says
Myles Bradshaw, head of global aggregate strategies at JPMorgan Asset Management, discusses the outlook for inflation, central bank policy and bond markets after the US and Iran agreed a two-week ceasefire. "As you're seeing the energy shock diminish, the risk of second round effects comes down," Bradshaw tells Bloomberg Television. (Source: Bloomberg)
How small businesses are boosting the UAE’s kindness economy
Dubai: In the UAE, a new kind of economy is flourishing, one powered not just by money, but by generosity. Small businesses have been turning their success into support for local communities, who have been both their customers and partners in giving. What started as simple forms of assistance have grown into an outspread movement, proving that no act of kindness is too small to leave an impact on people’s lives.Get updated faster and for FREE: Download the Gulf News app now - simply click...