Articles about Fears

Teesside site mothballed in September given £100m in government investment to restart production for at least three monthsA shuttered carbon dioxide plant is to reopen on Teesside with £100m of government investment in response to fears the war in Iran could trigger shortages of the gas that multiple industries rely on.The business secretary, Peter Kyle, has approved the reopening of the Ensus plant to help bolster production of CO2, which has uses ranging from carbonating drinks and keeping food fresh to medical procedures and the sedating of animals for slaughter. Continue reading...

Jena Lisa Jones says she backed Trump in 2024 election because of his campaign promises to release Epstein filesAfter casting her vote for Donald Trump in 2024 in hopes that he would bring transparency around the Jeffrey Epstein case, Epstein survivor Jena Lisa Jones said in an interview this week that she now fears “we’re not going to get justice in all of this”.“I wanted my day in court,” said Jones, who has said she was abused by Epstein when she was 14, in an interview on the Shadow Sessions podcast that aired on Thursday morning. “I didn’t get that, and we were so close to it, it really got ripped from us, and then after [Epstein] passed, everything just went into a circus show.” Continue reading...

Rising energy bills give Reform and Tories opening to attack net zero while government hesitant to make case for clean energyCould net zero become “the next Brexit”? That is the fear stalking climate advocates as the oil crisis caused by the war on Iran starts to bite.A powerful coalition of the well-funded Reform party, led by Nigel Farage, the Conservative party, some business interests, and the UK’s right-wing media, are engaged in an onslaught against the longstanding target of reaching net zero greenhouse gas emissions by 2050. Continue reading...

Joe Kent, who left Trump administration over Iran war, tells Megyn Kelly ‘facts are on my side’ amid FBI investigationSign up for the Breaking News US email to get newsletter alerts in your inboxThe counter-terrorism official who resigned from Donald Trump’s administration over the US and Israel’s war against Iran has said he is bracing for political retribution – but would do it all again anyway.Asked by conservative podcaster Megyn Kelly if he was concerned about a pre-existing FBI search investigating him for leaking classified information, Kent said he was ambivalent. Continue reading...

Britain authorises use of military bases to strike Iranian missile launchers that target shipping in strait of HormuzPresident Trump branded the UK and other Nato allies “cowards” on Friday amid growing anger among cabinet ministers that his war in Iran could jeopardise Britain’s fragile finances. Senior members of the government are in despair about the potential effects on the economy, with experts warning of higher energy prices and mortgage and borrowing costs. They have already begun contingency planning in case the conflict is protracted – lowering speed limits to minimise fuel consumption is among the measures that could be considered by transport officials.With conflict continuing to escalate, the UK confirmed it was now authorising the use of British military bases to strike Iranian missile launchers that are targeting commercial ships in the strait. Continue reading...

Decision comes as concerns mount over economic fallout from conflict bringing fresh cost of living shockBusiness live – latest updatesThe Bank of England has kept interest rates on hold amid growing fears over an inflation shock triggered by the US-Israel war on Iran.As households brace for a rise in living costs, the Bank’s rate-setting monetary policy committee (MPC) voted by a majority to keep its key base rate at the current level of 3.75%. Continue reading...

Senator backed restructuring the disaster agency but dodged questions on staffing, leaving officials uneasy over readiness and leadershipSign up for the Breaking News US email to get newsletter alerts in your inboxThe confirmation hearing for Markwayne Mullin, Donald Trump’s pick to replace Kristi Noem as the secretary of the Department of Homeland Security (DHS), left disaster management officials and experts concerned about what his tenure would mean for the future of the main US disaster response agency.The Federal Emergency Management Agency (Fema), which DHS oversees, coordinates federal response efforts to disasters such as hurricanes, floods and wildfires. Continue reading...

Jerome Powell resists Trump pressure as policymakers weigh energy shock against a weakening US jobs marketSign up for the Breaking News US email to get newsletter alerts in your inboxThe US Federal Reserve held interest rates steady for the second time this year, a widely expected move amid turmoil in the Middle East and rising energy prices.Fed officials faced a confluence of issues to consider in their meeting this week: soaring oil and gas prices, fluctuating inflation that still remains above the Fed’s target of 2% and a weakened job market that unexpectedly saw 92,000 losses last month. Continue reading...

Israeli defence minister says IDF instructed to destroy ‘terror infrastructure’ in southern villagesIsrael’s announcement on Monday of a ground campaign in new areas of southern Lebanon is fuelling fears of a prolonged occupation among hundreds of thousands of displaced Lebanese.Concerns intensified after Israel’s defence minister, Israel Katz, drawing comparisons with Gaza, warned displaced Lebanese forced from their homes would not be allowed to return until the safety of Israelis near the border was guaranteed, remarks that appeared to suggest the presence of Israeli troops could become prolonged. Continue reading...

The S&P 500 declined around 1% for the week ending March 13, 2026, capping a volatile session with Nasdaq down nearly 1% on the final day. Dow Jones showed resilience with three mornings of sharp openings recovered to flat or up 250 points, yet year-to-date losses stand at 2%. Stagflation fears intensify due to oil surges and geopolitical risks, impacting investor sentiment. Next week's Nvidia GTC event may spotlight AI sectors amid broader caution.

Crude oil benchmarks hover near $100 per barrel, up 70% since early January, with forecasts of $150 highs if the Strait of Hormuz remains disrupted. U.S. fuel prices have risen nearly 35% from January lows, though domestic supplies prevent shortages. Energy producers like Exxon Mobil and Chevron hit record highs, while the Dow Jones fell 6% in a month amid stagflation concerns. Prolonged conflict could reverse Fed rate cuts and pressure consumer sectors further.

The Nasdaq Composite dropped 1.78% to 22,111 on March 13, 2026, as surging oil prices and fears of Iran war fueled broad risk-off selling across US markets. The Dow fell 1.56% to 46,777, with the S&P 500 down 3% for March, turning yearly performance negative amid worries over global oil supply disruptions. Markets hoped for a Persian Gulf ceasefire that failed to materialize, shifting sentiment to defensive. This Friday's action highlights unique dangers from combined geopolitical and energy shocks.

US Treasury volatility reached a nine-month high on March 13, 2026, driven by surging oil prices and tariff announcements stoking inflation worries. Bond market turbulence reflects broader economic uncertainty from geopolitical risks with Iran. Traders now price in a full Federal Reserve rate cut this year despite persistent inflation pressures. This spike underscores fragile market sentiment ahead of key economic data releases.