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Oil prices sink on demand fears
Reverse rally on first output cut by OPEC+ since 2020
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Siemens ready to fix pipeline fault: Gazprom
Siemens, however, says it has not been asked to do job
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G7 agrees on Russian oil price cap
per-barrel level of the price cap would be determined later
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From furnace to flood: world's hottest city in Pakistan now under water
Level of disruption in Jacobabad demonstrates challenges extreme weather events linked to climate change can create
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Oil prices fall on global recession worries
Investors fear further slowdown in global economy as China renews Covid-19 restrictions
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Oil jumps over $3 on prospect of supply cut
OPEC+ production cut can coincide with boost in supply from Iran
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$19.8b worth of diamonds traded in first half
Dubai has grown its diamond industry by leveraging its proximity to Africa and Russia
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Dollar touches fresh 20-year high
US currency, however, kept in check by euro with ECB rate in focus
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Britain mulling loans to energy suppliers
Prepares options to support people facing soaring energy bills
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Dealing with inflation urgent issue: BIS chief
Many of the world’s top economies are struggling with inflation levels