Economy8 hrs ago'Bit of pain' worth long-term security from Iran, Bessent tells BBCUS Treasury Secretary said a "small bit of economic pain" was worth it to eliminate the threat of Iranian strikes on Western capitals.8 hrs ago11 hrs agoUK faces biggest hit to growth from Iran war of major economies, IMF saysThe financial body cuts its growth forecast for the UK and warns the war threatens to throw the global economy "off course".11 hrs ago13 hrs agoIMF: Oil prices and war could derail global growthThe BBC’s Michelle Fleury explains why oil, inflation and interest rates are key risks as the IMF warns war and soaring energy prices could hit the global economy.13 hrs ago5 Apr 2026'We are at the edge of a battlefield': BBC reports near Strait of HormuzThe BBC's Orla Guerin travels to the edge of the critical waterway that Iran has put a stranglehold on.5 Apr 202631 Mar 2026Oil nears highest price since start of Iran warThe US-Israel Iran war has halted almost all traffic in a key waterway and the price Brent crude has surged.31 Mar 202625 Mar 2026We need more plumbers and fewer lawyers in AI age, says BlackRock bossLarry Fink also warns if oil prices stay high for a sustained period it will have "profound implications" for the world economy.25 Mar 202612 Mar 2026How Iran war laid bare the world's reliance on Gulf oil and gasCountries around the world are feeling the impact of the conflict and the resulting energy price shock.12 Mar 202610 Mar 2026Why the price of oil matters more than you might thinkA shock to oil supplies is rattling financial markets, driving up prices at the pump and raising fears of a bigger economic hit. 10 Mar 20264 Mar 2026Higher tariffs likely this week, says US TreasuryScott Bessent says that "likely sometime this week" the US will increase its global tariff on imports from the existing 10%. 4 Mar 2026...