LONDON: Britain is suffering from a wave of Brexit-and-Covid-induced crises, from runaway energy prices to shortages of goods, drivers and motor fuel while unemployment is predicted to jump before Christmas. Last year, a huge surge in Covid cases and hospital admissions forced the government to slap restrictions on social mixing indoors, ruining festive season plans. … Read more
LONDON: The UK government on Friday urged the public against panic-buying as some petrol stations closed pumps due to a lack of lorry drivers to deliver fuel. Tabloid newspaper The Sun headlined its front page “We’re running on empty”, with the coronavirus pandemic and Brexit triggering an ongoing crisis in the haulage industry. But Transport … Read more
The government on Monday decided to keep prices of petroleum products unchanged for the month of October. According to a press release, the government has decided to maintain the prices of petroleum products at the current level to offset expected increase in the prices for the month of November 2019. It is noteworthy that Oil … Read more
Iran has seized a foreign tanker suspected of carrying smuggled fuel in the Gulf, according to state media, marking the third such seizure in a month amid a spike in regional tensions. The vessel was intercepted near Iran’s Farsi Island in the Gulf. The elite Revolutionary Guards Corps (IRGC) has a navy base on Farsi … Read more
