US launches probe into trading partners including the EU, China and India

Peter Hoskinsand Adam Hancock,Business reporters Hiba Kola/Reuters The price of gold has risen above $5,000 (£3,659) an ounce for the first time ever, extending a historic rally that saw the precious metal jump by more than 60% in 2025. It comes as tensions between the US and NATO over Greenland have added to growing concerns…

Releasing 300 million barrels of oil will not address all issues. As powerful as the G7 is, China, India, and South Korea remain the key customers for physical supply of Gulf oil and gas. As such, gas tankers from the US that had been bound for Europe are now doing Atlantic U-turns and heading for…

These ships, typically oil tankers such as the one Ivan is stuck on, are more often ageing vessels of obscure ownership, unseaworthy, likely uninsured, and operationally hazardous. And they typically sail under flags of convenience or FOCs – the ships are registered in countries with very limited regulatory oversight.

Personal data may have been stolen in the ransomware attack that forced Asahi to halt beer production, the company has said. Japan’s biggest brewer was forced to halt production at the majority of its 30 factories in the country, after a cyber-attack late last month disrupted everything from beer shipments to its accounting system. All…