Sudan’s soaring fuel prices make getting by harder for workers
Sudan is suffering from a cost-of-living crisis affecting millions across the country.
This website’s original language is English. For translation, click the globe icon or choose Translate in the menu.
20 matching records found
Sudan is suffering from a cost-of-living crisis affecting millions across the country.
Eni SpA said it will return more cash to shareholders after the Middle East war drove up energy prices and sent refining margins soaring.
Trucker protests over soaring fuel prices in Italy have forced dairies in the country’s south to stop making their prized buffalo mozzarella, in the latest sign of mounting economic and political frustration.
The UAE and Bahrain deals increase French commitments to 295,000 tonnes a month, just over 10 percent of consumption.
WestJet Airlines Ltd., Canada’s second-largest air carrier, saw its bonds fall to their lowest level since they were issued in June, as spikes in the cost of fuel and trade tensions are dimming its earnings outlook.
French President Emmanuel Macron has obtained commitments to deliver an additional 200,000 tonnes of diesel per month from the United Arab Emirates and Bahrain during a tour of the Gulf, his office said Tuesday as the French government scrambles to address a cost-of-living crisis that has fuelled unrest in the country.
Rising fuel costs are piling pressure on households, businesses and governments across Europe, fuelling cost-of-living protests and bolstering the far right ahead of elections next year in countries including France, Italy and Poland. Some far-right parties are calling for a return to Russian energy.
France experienced a weekend of shocks as weeks-long high school student protests for better study environments were hijacked by violent looters across major cities, angered by rising fuel prices and an ongoing cost of living crisis. While the rallies saw hundreds of thousands protest peacefully, clashes over the weekend led to chaotic scenes: hundreds of shops were pillaged, the historic city hall of Limoges was burned down and multiple public buildings across cities like Paris, Marseilles and...
Ukraine's President Volodymyr Zelensky said he felt “betrayed” on Wednesday after access was seemingly restricted to US intelligence and Space X satellite services, raising new questions about US commitment to Ukraine. With Trump under pressure over rising fuel prices, is the White House hoping criticism of Kyiv can help shift the blame?
India may raise fuel prices moderately in November, a brief window to do so before crucial state elections early next year, Oxford Economics said.
Australians are pulling back at the pump as fuel prices surge, with sales of diesel dropping in August by the most since 2022 and the decline in petrol sales deepening.
India’s long-awaited sale of IDBI Bank Ltd. will provide the government of Prime Minister Narendra Modi some fiscal relief as surging fuel prices and dwindling foreign inflows add to pressure on the economy.
SMH says it can no longer afford search-and-rescue work in one of the world's most dangerous migration routes.
Four Hong Kong franchised bus operators have applied to raise fares by up to 17.7 per cent, citing “significant financial pressure” from soaring fuel prices driven by the Middle East conflict. Citybus has sought the steepest increase, at 17.7 per cent, followed by the KMB Company at 16 per cent. Long Win Bus and New Lantao Bus have applied for rises of 8.1 per cent and 9.8 per cent respectively, according to a paper the Transport and Logistics Bureau submitted to the Legislative Council on...
Donald Trump called on Saturday for Ukraine to "get a new leader" after Volodymyr Zelensky slammed Washington's easing of Russian diesel sanctions, as the US president faces fuel price pressure weeks before midterm elections. Our correspondent Gulliver Cragg tells us more.
Bloomberg Economics Economic Statecraft Lead Chris Kennedy tells Bloomberg This Weekend that President Donald Trump's agreement to obtain Russian diesel is unlikely to significantly lower US fuel prices because the proposed November shipment amounts to roughly one day of American consumption. Speaking with hosts David Gura and Christina Ruffini, Kennedy says damage to Russian refineries, logistical challenges and potential legal restrictions raise questions about whether Moscow can deliver the promised fuel, while the agreement could complicate Ukraine's campaign against Russian energy infrastructure. (Source: Bloomberg)
President Donald Trump's deal with Putin comes amid surging fuel prices and looming US midterm elections.
The US president hopes to ease his party's pain before next month's midterm elections, writes the BBC's North America correspondent.
Russia to deliver millions of tonnes of diesel soon, US President Trump announces after talks with Putin.
Sheila Kahyaoglu, senior equity research analyst at Jefferies, examines third-quarter results from Delta Air Lines, which cut its full-year earnings outlook on high jet fuel prices. She speaks on “Bloomberg Surveillance.” (Source: Bloomberg)