Market

Oil Prices Surge as Saudi Pipeline Closure Deepens Crisis

Published: 14 September 2026. The English Chronicle Desk. The English Chronicle Online. Oil prices moved higher on Monday after a series of drone attacks forced Saudi Arabia to shut its strategically important East-West crude pipeline, intensifying concerns over the security of global energy supplies at a time when oil and gas markets are already facing significant disruption across the Middle East. Brent crude, the international benchmark for oil prices, rose...

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Saudi Arabia Shuts Oil Pipeline After Drone Attack

Published: 12 September 2026. The English Chronicle Desk. The English Chronicle Online. Saudi Arabia has temporarily halted operations on a strategically important oil pipeline after authorities said several drones launched from Iraqi territory targeted the facility, causing injuries and damage. The incident has added fresh pressure to an already fragile regional energy and security situation, with Saudi Arabia increasingly relying on the pipeline to transport crude oil while the Strait...

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Sainsbury’s Shoppers Rush for New Starbucks Matcha Drinks

Published: 11 September 2026. The English Chronicle Desk. The English Chronicle Online Sainsbury’s shoppers are being encouraged to keep an eye on the chilled drinks aisle after two new Starbucks flavours sparked excitement among fans online. Starbucks has expanded its ready-to-drink range with Matcha Latte and Strawberry Matcha Latte, giving shoppers an alternative to the brand’s familiar chilled coffee products. The drinks have already been spotted in supermarkets including Sainsbury’s,...

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JPMorgan Boss Warns Against UK Bank Tax Rise

Published: 10 September 2026. The English Chronicle Desk. The English Chronicle Online. JPMorgan chief executive Jamie Dimon has warned senior UK politicians that increasing taxes on banks could put investment and employment at risk, as the government considers whether to introduce higher levies on the financial sector in its upcoming October budget. Dimon, one of the most influential figures in global banking, met Andy Burnham and Chancellor John Healey on...

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Oil nears $100 as Saudi attacks shake markets

Published: 08 September 2026. The English Chronicle Desk. The English Chronicle Online. Global oil prices have moved sharply higher towards the psychologically important $100-a-barrel level after attacks on energy facilities in southern Saudi Arabia added to concerns about disruptions to supplies across the Middle East. Brent crude, the international benchmark, climbed above $99 a barrel during Tuesday trading, putting prices at their highest level since July. The latest increase came...

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Billionaire Chris Rokos poised to leave UK

Published: 08 September 2026. The English Chronicle Desk. The English Chronicle Online. Billionaire hedge fund manager Chris Rokos is preparing to leave the UK and move his tax residency to Greece, according to reports, making him the latest prominent member of Britain’s wealthy financial community to consider relocating amid debate over the country’s tax policies. Rokos, founder of Rokos Capital Management, is reportedly planning to establish an office in Athens...

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UK House Prices Fall as Mortgage Rates Rise

Published: 07 September 2026. The English Chronicle Desk. The English Chronicle Online. UK house prices have fallen on an annual basis for the first time in almost three years, highlighting growing pressure on the property market as higher mortgage costs, persistent inflation concerns, geopolitical uncertainty and stretched household finances weigh on prospective buyers. According to Lloyds, the average UK property was worth £298,468 in August, representing a 0.4% decline compared...

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UK Cost Squeeze Deepens as Mortgages and Gas Rise

Published: 07 September 2026. The English Chronicle Desk. The English Chronicle Online. Britain's cost-of-living pressures are showing fresh signs of intensifying as mortgage rates rise, wholesale gas prices reach their highest level in more than three years and house prices record their first annual decline in almost three years. The latest developments are creating a difficult economic backdrop for households, businesses and policymakers, with higher borrowing costs and energy prices...

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Trump Hardens Canada Trade Stance as Talks Stall

Published: 03 September 2026.The English Chronicle Desk. The English Chronicle Online. US President Donald Trump has intensified his criticism of Canada as efforts to revive trade negotiations between the two North American neighbours remain stalled, raising fresh concerns over the economic consequences of an escalating tariff dispute. Speaking during a press conference with US travel industry executives, Trump said Canada had treated the United States unfairly for decades. His comments...

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Dutch Bank Moves 86 Tonnes of Gold to London

Published: 03 September 2026.The English Chronicle Desk. The English Chronicle Online.  The Dutch central bank has transferred 86 tonnes of its gold reserves from storage in the United States and Canada to London, citing increasing geopolitical unrest and the need to ensure its reserves can be deployed more quickly during a potential crisis. De Nederlandsche Bank, commonly known as DNB, said the relocation was designed to strengthen the accessibility and...

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