In this episode of World Business, we track the global forces driving market volatility and consumer uncertainty. Oil prices spiked following reports that Israel may be preparing an airstrike on Iran’s nuclear facilities—raising fears of disruption to vital Gulf supply routes and triggering a 1.5% jump in Brent Crude. Analysts warn any escalation could reshape energy flows across the region. Meanwhile, UK inflation has come in hotter than expected.
The April reading hit 3.5%, up from 2.6% in March—casting doubt on the Bank of England’s path to interest rate cuts and sparking fresh concern over the cost-of-living crisis. And we turn to consumer activism with a timely interview: Sarah Brazier, Head of Campaigns at the Fairtrade Foundation, joins us on International Tea Day to unveil their new campaign focused on the tea industry.
From ethical sourcing to climate resilience, she explains how Fairtrade is adapting to meet the moment—and why UK shoppers still hold the power to drive global change. From geopolitics to grocery aisles, this is the business of fairness, stability, and survival. Tags: oil prices, Israel Iran tension, UK inflation, Bank of England, Fairtrade, Fairtrade tea, Sarah Brazier, ethical consumerism, Brent crude, cost of living, World Business, economic news, interest rate cuts, inflation UK, Middle East oil routes.
Cambodia and Thailand accused each other of cross-border attacks on Sunday, hours after U.S. President Donald Trump said their leaders agreed to pursu...
A landmark agreement has been signed for the export of 48 KAAN fighter jets – Türkiye’s indigenously developed National Combat Aircraft – to In...
At the IDEF 2025 defence exhibition, Türkiye and the United Arab Emirates (UAE) took a fresh step in strengthening bilateral defence ties. Turkish ae...
Agriculture and Forestry Minister İbrahim Yumaklı announced that a total of 76 fires have been fought across the country, with 28 in forested areas ...
North Korean leader Kim Jong Un has expressed confidence that the country will achieve victory in its anti-imperialist and anti-US struggle. The state...
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
'Superman' continued to dominate the summer box office, pulling in another $57.25 million in its second weekend, as theatres welcome a wave of blockbuster competition following a challenging few years for the film industry.
AnewZ Original Series presents 'Destination: Shahdag', premiering in the skiers’ paradise and winter wonderland Shahdag Mountain Resort, part of the magnificent Greater Caucasus range.
AnewZ Original Series 'Destination' takes you to Uzbekistan’s largest ski destination and the most modern ski resort in Central Asia: The Amirsoy Mountain Resort.
Experience the living heritage of one of the world’s great cultural capitals in this all-new episode of AnewZ Original Series Destination: Shusha, Azerbaijan.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment