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.
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A powerful explosion has been reported at King Khalid International Airport in Riyadh, raising fresh concerns over aviation security in Saudi Arabi...
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Leaders of countries from the Commonwealth of Independent States (CIS) have agreed to hold coordinated population censuses around 2030. They took the decision at the CIS Council of Heads of State meeting in Awaza, Turkmenistan on Friday, media reported.
Britain and Israel have reached a temporary compromise over the future of the British Consulate General in East Jerusalem, easing a diplomatic dispute that had threatened to further strain relations between the two countries.
A powerful explosion has been reported at King Khalid International Airport in Riyadh, raising fresh concerns over aviation security in Saudi Arabia as tensions across the region continue to escalate.
South African judge Navanethem “Navi” Pillay won the Nobel Peace Prize on Friday “for her efforts to promote peace and international law,” the Norwegian Nobel Committee said.
The U.S. has imposed sanctions on the International Criminal Court (ICC) on Friday (9 October) escalating tensions with European allies and potentially targeting companies that provide services to the tribunal. The move came hours after former ICC judge Navi Pillay won the Nobel Peace Prize.
On 12 August, AnewZ’s Daybreak focused on the aftermath of Colombia’s devastating earthquake, tensions surrounding Iran and the Strait of Hormuz, growing Russia-North Korea military cooperation and security and environmental challenges across the Caspian and Black Sea regions.
On 11 August, AnewZ’s Daybreak examined U.S. President Donald Trump’s new demands for Iran, Russia-Iran cooperation and regional connectivity through the South Caucasus alongside key political, security and climate developments worldwide.
On 10 August, AnewZ’s Daybreak focused on developments in Gaza, Lebanon-Israel negotiations, Iran’s position on talks with Washington and the latest global security and climate-related challenges.
On 7 August, AnewZ's Daybreak focused on the Iran war, escalating violence in Yemen and a deadly migrant crisis in Spain's Ceuta enclave.
The 8 August commemorative edition of AnewZ's Context looked back on the year since the Washington breakthrough, examining how the initialling of the Azerbaijan-Armenia peace agreement and the launch of the Trump Route for International Peace and Prosperity have reshaped regional politics.
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