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Chief Lars Barstad says any Gaza ceasefire would not immediately restore shipping

Blaze rips through both vessels as UK emergency services rescue 37 crew members

Brent crude has struggled to stay above $90 despite Tehran’s attacks on Israel this weekend

Concerns over US president’s policies on tariffs and global conflicts add to existing worries

Brent crude has fallen 13% since late August on concerns over slowing demand

Sale will test investor confidence in a country where Venezuela has tried to claim territory

Production cuts have lifted prices close to last year’s $100 per barrel average as the world produces less than it consumes

Also in this newsletter: Trump troubles, HS2 hullabaloo, flying taxis

US company’s chief executive tells investors its operations do not breach Biden administration’s sweeping new sanctions

Company has resisted pressure to follow its two biggest rivals in pulling out in response to Ukraine war