Oil

Record monthly rise in petrol and diesel prices, says RAC

March saw the fastest rise in fuel prices on record in pence per litre, according to the motoring organisation.

The chancellor says the US president does not have a "clear plan" to exit the conflict.

European stock markets opened higher after the US president said the conflict would "end very soon".

The average price at the pump has topped $4 in the US for the first time since 2022 as the Iran war continues to push up fuel prices.

The US-Israel Iran war has halted almost all traffic in a key waterway and the price Brent crude has surged.

Secretary of Defence Pete Hegseth said exempting oil drilling was a matter of national security.

BBC Verify examines recent damage to three key Russian oil export facilities near the Baltic Sea.

Asia relies heavily on oil and gas from the Gulf, and shortages and higher prices are starting to bite.

Oil markets have been sensitive to Donald Trump's comments on the war. But are traders growing less responsive?

...