Europe faces jet fuel squeeze as Hormuz stays blocked

    Europe’s aviation sector is moving toward a potentially serious fuel crunch as supplies from the Gulf remain heavily disrupted, raising the risk that flight...

    Iran war pushes US inflation sharply higher

    US inflation accelerated sharply in March as the war involving Iran fed directly into energy markets and began spilling into the wider economy. The...

    Sazerac joins race for Jack Daniel’s owner

    Brown-Forman has become the center of a new takeover contest after privately held U.S. drinks group Sazerac emerged as a potential rival bidder to...