Category: Economy
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A ship is hit far away and fuel gets pricier at home. War-risk premiums, rerouting and trader expectations — the three-step mechanism that turns distant danger into your energy bill.
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Poland is appealing a Brussels ruling ordering it to pay €1.3 billion for COVID vaccine doses it doesn’t want. How advance purchase contracts worked, and why both sides have a real case.
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An LNG tanker hit, a bulk carrier missing, drones intercepted over Kuwait. Why attacks on shipping in the Strait of Hormuz raise your energy bill even if nothing else is struck.
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Saudi Arabia says Houthi attacks reached the kingdom this week. Why Saudi Arabia is in this war, and how fighting in Yemen reaches global oil prices within hours.
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A candidate won a US primary campaigning against data centres. What data centres are, why residents fight them over power and water bills, and why the same argument is heading to Europe.
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The GAO found $110 billion in claimed government savings was incorrect or unsupported. Who the auditors are, why announced savings often shrink under scrutiny, and the question to ask next time.
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A deal to reopen the Strait of Hormuz could come within days. What the strait is, why a waterway between Iran and Oman affects prices worldwide, and what has to happen before ships actually sail.