Inflation eases in US as prices for used cars fall

It could take months before the benefits of Jaguar Land Rover resuming production filters down to the supply chain, a chamber of commerce said. JLR has said it would resume some production in the “coming days” after a cyber-attack forced the carmaker to suspend operations. At the weekend it emerged the government will underwrite a…

From the UK, flights have also been cancelled for many Middle East destinations, including all flights to Israel and Bahrain, three quarters of the day’s scheduled flights to the United Arab Emirates, and more than two thirds (69%) of flights to Qatar.

The war has reduced the passage of tankers through the strait to a trickle. Only 15 vessels have made the trip since Tuesday, compared to an average of almost 140 each day prior to the outbreak of the conflict, carrying a fifth of the world’s oil and gas supplies. Almost 800 ships have been left…