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Oil rises on Middle East supply fears, US inventory drawdowns

Oil rises on Middle East supply fears, US inventory drawdowns

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UK Debt Hits $4.01 Trillion as Inflation Rate Jumps

Britain's government borrowed more than expected again in September and public debt surpassed £3 trillion ($4.01 trillion), according to official data that underscored finance minister John Healey's challenge in his first budget next week. Borrowing hit £24.52 billion last month, pushed up by spending on debt interest. A Reuters poll of economists had pointed ⁠to a deficit ⁠of £23.85 billion in the month.

Asharq Al-Awsat English