Author: James Harden

Luis Torrado pumps diesel fuel into his tractor-trailer at a truck stop on September 11, 2026 in Miami, Florida. Diesel fuel prices in the U.S. topped $6 a gallon for the first time ever.Joe Raedle | Getty Images News | Getty ImagesU.S. President Donald Trump has urged Ukrainian President Volodymyr Zelenskyy to stop targeting Russian oil refineries, saying the attacks are “hurting the world” as fuel supply disruptions from the Ukraine and Iran wars propel U.S. diesel prices to a record high.Ukraine has stepped up its attacks on Russian oil facilities and logistics infrastructure in recent months, seeking to raise…

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A key summit between the UK and EU has been delayed again as the two sides clash over Brussels’ new “Made in Europe” policies.A meeting to clinch deals to reset post-Brexit relations on July 22 was postponed, and the talks were quietly pencilled in for November 6. But this date has again been pushed back until late November at the earliest, two EU officials told the FT.British officials are determined that the summit should address the concerns of new UK Prime Minister Andy Burnham over the negative impact of the plan to limit some public and corporate spending to EU-made…

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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Sweden’s left-wing opposition is on course to retake power in what would be a rare European victory for Social Democrats, according to exit polls.The four parties on Sweden’s left are expected to win about 51 per cent of the vote against 47 per cent for the current centre-right government and the nationalist Sweden Democrats, according to exit polls on Sunday evening for TV stations SVT and TV4.If confirmed, the result would mean the end of a government that has shifted Sweden significantly…

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USA

The Sempra Energy headquarters is pictured in downtown San Diego, California, on May 17, 2018.Mike Blake | ReutersDividend-paying stocks can enhance portfolio returns by providing a steady income stream to investors and the potential for capital appreciation. Several investors seek exposure to dividend stocks in a volatile backdrop to ensure stable income. In this regard, recommendations of top Wall Street analysts can help shortlist attractive dividend stocks, backed by strong financials and cash flows to support consistent dividend payments.Here are three dividend-paying stocks that are highlighted by Wall Street’s top pros, as tracked by TipRanks, a platform that ranks analysts based on their…

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USA

China will play a pivotal role in deciding whether oil prices sustain this week’s rally and potentially test wartime highs.The U.S. crude oil price on Thursday topped $102 per barrel for its highest close since May. The futures contract surged about 50% from its summer low of $68.55 reached about three weeks after Washington and Tehran signed their now failed memorandum of understanding on June 17.This week’s rally comes as fighting sharply escalated in the Middle East with Saudi Arabia’s crucial East-West oil pipeline shut down after multiple attacks. The oil market has gradually restored a risk premium since the…

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Whoever wins Sweden’s general election on Sunday will face an unusually difficult financial equation with a structurally higher defense bill, growing demands on the welfare state as well as shrinking room to pay for both.That challenge comes as Russia’s war in Ukraine grinds through its fifth year, and uncertainty over U.S. President Donald Trump’s commitment to European security adds pressure on the continent to shoulder more of its own defense burden.Yet neither Russia nor Trump has featured prominently in the election campaign. Instead, voters have focused largely on domestic concerns including health care, schools and household finances, even as economists…

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A general view of the Google Midlothian Data Center on Nov. 14, 2025 in Midlothian, Texas.Ron Jenkins | Getty ImagesThe rapid buildout of hyperscale data centers is creating tens of billions of dollars of concentrated physical assets — and an insurance challenge that traditional markets may struggle to handle on their own.The soaring value of data center assets, which are increasingly concentrated in regions exposed to hurricanes, floods and other natural disasters, has underscored the need for insurance coverage. CAT bonds, or catastrophe bonds, could provide insurers and reinsurers with a way to offload some of that risk to capital…

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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The European Central Bank will have to raise interest rates further if oil prices continue to hover around $100 a barrel until the end of the year, one of its top policymakers has warned.Speaking to the FT after the ECB on Thursday increased borrowing costs for the second time this year, Austria’s central bank governor Martin Kocher warned that “the risk of inflation is higher than it was a few months ago” as tensions in the Middle East drag on and energy…

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