Even if a lasting peace deal is struck between Iran and the US this week, it will be months before oil shipped through the Strait of Hormuz reaches European refineries – and potentially years before global output of finished fuel returns to pre-war output levels, experts are warning.
Even if a lasting peace deal is struck between Iran and the US this week, it will be months before oil shipped through the Strait of Hormuz reaches European refineries – and potentially years before global output of finished fuel returns to pre-war output levels, experts are warning.
JD Wetherspoon has warned profits could come in below market expectations after the pub chain reported slower sales growth in its third quarter amid rising labour and energy costs across the hospitality sector.