Mosaic News
News without borders
Saturday, 30 May 2026
Energy
Oil prices surge past $100 as Iran blockade fears rattle global markets[Updated]46dUK will not join US blockade of Strait of Hormuz, Starmer confirms[Updated]46dIran threatens Gulf port retaliation as US blockade takes effect and ceasefire talks collapse46dGermany's ruling coalition backs domestic gas drilling amid sharp political opposition46dIran warns of 'deadly vortex' for military vessels in Strait of Hormuz as US-Iran talks collapse[Updated]46dStrait of Hormuz Closure Sends Fuel Prices Surging, Pushing U.S. Inflation to Two-Year High[Updated]46dFitch affirms Pakistan's credit rating at B- with stable outlook46dIberia suspends Madrid–Havana flights from June amid Cuba fuel crisis46dIndian rupee falls sharply as Strait of Hormuz tensions rattle markets46dPistachio prices reach eight-year high as Iran conflict compounds supply shortages46dUS begins naval blockade of Iranian ports after peace talks in Islamabad collapse46dPhilippines suspends LPG and kerosene excise taxes as fuel prices hit historic highs46dJapan approves nuclear waste repository study on remote island46dPhilippines suspends excise tax on LPG and kerosene as fuel prices hit record highs46dUK will not back US blockade of Strait of Hormuz, Starmer confirms46dUK households face £480 income loss from Middle East war energy shock, thinktank warns46dNigeria's power regulator sets stricter targets for electricity transmission losses46dBank of Japan governor warns of economic risks from unclear Iran situation46dJapan's prime minister urges early US-Iran deal in call with Pakistani counterpart46dUK households set to be £480 worse off as Middle East crisis drives up energy costs46d