Finance Forum Event March 31
The war in the Gulf is starting to hit the global economy. In the Philippines, a state of emergency has been declared over oil shortages, and other countries could soon face similar problems.
Why Europe needs Ukraine to win
It is not often said outright, but the latest Gulf conflict underlines a simple point. Europe is still a long way from replacing oil and gas with renewable energy. The first effects can already be seen in the UK, where spot gas prices have started to rise. They are nowhere near the peaks of 2022, but if the conflict continues, the pressure is likely to build.
UK Businesses Brace for Energy Shockwaves
Inflation, Unemployment, and Energy Costs: A Perfect Storm for the UK
The International Energy Agency’s plan to release the largest ever volume of oil from global strategic reserves comes as prices reach their highest levels in almost five years. For policy makers, the concern is that without addressing underlying supply constraints, the relief will be fleeting.
