BBC World Business Report

Eyes on the Strait of Hormuz as oil tankers start moving

Loading player...
US and Iranian officials have signed a 'memorandum of understanding' to end the war which began in March. Oil and LNG prices are expected to fall as ship traffic resumes.

Dozens of Ukrainian drones have struck the biggest oil refinery in Russia's capital Moscow. Many parts of Russia have suffered fuel shortages in recent weeks.

And Cuba's Communist government has approved reforms to try and revive its economy in the face US oil blockade.
18 Jun 11AM English United Kingdom Business

Other recent episodes

Still in the game?

Tough times for the gaming industry after news of more lay-offs, this time at Microsoft's Xbox gaming division, Will Bain asks developers and designers if it's all doom and gloom, and what challenges like ahead. And authorities are carrying out investigations after a Ryanair passenger was partially sucked out of…
10 Jul 6PM 26 min

Passenger survives aeroplane drama

A Ryanair passenger was partially sucked out of a Boeing 737 on a flight from Greece to Germany, after a cabin window shattered. Authorities are investigating the cause. The European low cost carrier Easyjet is set to become part of a bidding war between two US based private equity firms…
10 Jul 11AM 8 min

Volkswagen makes sweeping production cuts

Volkswagen, whose 10 brands range from Seat to Porsche, is making sweeping production cuts in Germany. We take a look at the impact this is having on the automotive industry in the country. A row over Peking duck is adding to already tense relations between Brussels and Beijing. The European…
9 Jul 6PM 26 min

Volkswagen makes sweeping production cuts

Volkswagen, whose 10 brands range from Seat to Porsche, is making sweeping production cuts in Germany. We take a look at the impact this is having on the automotive industry in the country. A row over Peking duck is adding to already tense relations between Brussels and Beijing. The European…
9 Jul 6PM 26 min

Chinese factories raise their prices

Energy price rises since US/Israel war with Iran has affected Chinese manufacturers. But retailers in China struggle to raise prices as consumers watch their budgets. Volkswagen's Board is considers move to cut 100,000 jobs in Germany. And we learn about the political philosophy of Manchesterism and how it may soon…
9 Jul 11AM 8 min
All episodes