http://www.euronews.com en Latest news from Euronews Euronews 2026 Thu, 14 May 2026 14:35:53 +0200 Thu, 14 May 2026 14:35:53 +0200 30 https://static.euronews.com/website/images/euronews_flatblue.png http://www.euronews.com http://www.euronews.com/business/2026/05/14/us-30-year-bond-yield-tops-5-as-kevin-warsh-takes-fed-helm-and-inflation-rises http://www.euronews.com/business/2026/05/14/us-30-year-bond-yield-tops-5-as-kevin-warsh-takes-fed-helm-and-inflation-rises Thu, 14 May 2026 14:35:43 +0200 The US Treasury sold 30-year bonds at a yield above 5% for the first time since 2007 on Wednesday, highlighting mounting investor unease just as the Senate confirmed Kevin Warsh as the next chair of the Federal Reserve. http://www.euronews.com/my-europe/2026/05/13/brazil-surprised-by-eu-ban-on-meat-imports http://www.euronews.com/my-europe/2026/05/13/brazil-surprised-by-eu-ban-on-meat-imports Wed, 13 May 2026 18:27:03 +0200 Brazil’s ambassador to the EU Pedro Miguel da Costa e Silva told Euronews he had asked the EU Commission to put Brazil back on the list of countries complying with EU antimicrobial rules. The move comes as the Mercosur deal liberalising agricultural trade came into force on 1 May. http://www.euronews.com/business/2026/05/13/two-thirds-of-europes-lng-imports-to-come-from-the-us-amid-increased-reliance http://www.euronews.com/business/2026/05/13/two-thirds-of-europes-lng-imports-to-come-from-the-us-amid-increased-reliance Wed, 13 May 2026 15:46:19 +0200 Europe is expected to source almost two-thirds of its liquefied natural gas imports from the US in 2026, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). http://www.euronews.com/my-europe/2026/05/13/exclusive-eu-negotiators-find-deal-on-key-clauses-of-the-eu-us-deal http://www.euronews.com/my-europe/2026/05/13/exclusive-eu-negotiators-find-deal-on-key-clauses-of-the-eu-us-deal Wed, 13 May 2026 14:02:52 +0200 EU lawmakers and EU capitals struck a deal over provisions halting the EU-US deal if American imports surge unfairly. But crunch talks are still under way over when to start implementing the agreement, as negotiators face pressure from Trump’s threats of more tariffs. http://www.euronews.com/my-europe/2026/05/12/eu-to-ban-brazilian-meat-imports-from-september http://www.euronews.com/my-europe/2026/05/12/eu-to-ban-brazilian-meat-imports-from-september Tue, 12 May 2026 19:47:30 +0200 The ban would come just two weeks after the EU-Mercosur trade deal provisionally entered into force, liberalising agricultural trade across the Atlantic despite fierce opposition from farmers. http://www.euronews.com/business/2026/05/12/us-treasury-enlists-banks-to-target-iranian-money-laundering-schemes http://www.euronews.com/business/2026/05/12/us-treasury-enlists-banks-to-target-iranian-money-laundering-schemes Tue, 12 May 2026 10:01:46 +0200 The US Treasury has directed banks to intensify their monitoring of Iranian money laundering networks that enable funds from sanctioned oil. The move is part of the wider strategy to pressure Iran into a deal as negotiations stall. http://www.euronews.com/business/2026/05/11/oil-jumps-4-after-trump-rejects-irans-response-to-ceasefire-proposal http://www.euronews.com/business/2026/05/11/oil-jumps-4-after-trump-rejects-irans-response-to-ceasefire-proposal Mon, 11 May 2026 07:59:44 +0200 Oil prices jumped on Monday morning while European markets edged lower and Asian stocks rose to new all time highs after US President Donald Trump rejected Tehran’s response to the latest proposal on ending the war in Iran. http://www.euronews.com/my-europe/2026/05/08/eu-legislation-cannot-be-dictated-by-social-media-threats-says-mep-trade-chief http://www.euronews.com/my-europe/2026/05/08/eu-legislation-cannot-be-dictated-by-social-media-threats-says-mep-trade-chief Fri, 08 May 2026 15:33:28 +0200 Bernd Lange, the MEP lead on the EU-US trade deal, has rejected pressure from Washington to fast-track implementation, insisting the bloc’s democratic procedures cannot be dictated by tariff threats from President Donald Trump. http://www.euronews.com/business/2026/05/08/potato-futures-soar-700-in-less-than-a-month-on-iran-war-speculation http://www.euronews.com/business/2026/05/08/potato-futures-soar-700-in-less-than-a-month-on-iran-war-speculation Fri, 08 May 2026 15:33:28 +0200 Potato-linked financial contracts have risen over 700% in a few weeks, despite a current oversupply in Europe, due to speculative trading surrounding the volatile environment caused by the Iran war. http://www.euronews.com/business/2026/05/08/oil-tanker-arrives-in-south-korea-after-leaving-the-strait-of-hormuz http://www.euronews.com/business/2026/05/08/oil-tanker-arrives-in-south-korea-after-leaving-the-strait-of-hormuz Fri, 08 May 2026 12:11:22 +0200 A Malta-flagged tanker, carrying one million barrels of crude oil, has successfully reached the western coast of South Korea after passing through the Strait of Hormuz in mid-April. http://www.euronews.com/business/2026/05/07/how-uk-30-year-bonds-reached-the-highest-yield-this-century-and-why-it-matters http://www.euronews.com/business/2026/05/07/how-uk-30-year-bonds-reached-the-highest-yield-this-century-and-why-it-matters Thu, 07 May 2026 15:15:08 +0200 Investors are demanding significantly higher returns to hold British debt as 30-year gilt yields reached levels not seen since 1998 this week. The surge represents a major challenge for the UK Treasury but why did it happen and what does it mean exactly? http://www.euronews.com/my-europe/2026/05/07/meps-and-eu-countries-fail-to-reach-an-agreement-on-eu-us-deal http://www.euronews.com/my-europe/2026/05/07/meps-and-eu-countries-fail-to-reach-an-agreement-on-eu-us-deal Thu, 07 May 2026 09:27:23 +0200 Despite intense pressure from the US, negotiators agreed to meet again in 10 days after more than 6 hours of talks last night. Both sides, seeking a compromise, said however that progress had been made during the negotiations. http://www.euronews.com/business/2026/05/07/hopes-of-reopening-the-strait-of-hormuz-lift-shares-as-oil-remains-above-100 http://www.euronews.com/business/2026/05/07/hopes-of-reopening-the-strait-of-hormuz-lift-shares-as-oil-remains-above-100 Thu, 07 May 2026 07:55:08 +0200 Brent crude has fallen below $100 a barrel while Asian markets reached new all-time highs and European stocks rose at the open on reports that the US and Iran are nearing a deal for the gradual reopening of the Strait of Hormuz. http://www.euronews.com/business/2026/05/06/lufthansa-posts-record-revenue-but-warns-iran-war-fuel-costs-will-hit-annual-profit http://www.euronews.com/business/2026/05/06/lufthansa-posts-record-revenue-but-warns-iran-war-fuel-costs-will-hit-annual-profit Wed, 06 May 2026 15:39:53 +0200 The German airline group posted its highest-ever revenue in 2025 and improved its first-quarter results, but soaring jet fuel costs linked to the Iran war are forcing route cuts and pushing annual profit below initial forecasts. http://www.euronews.com/business/2026/05/06/oil-slips-on-renewed-peace-hopes-as-ai-boom-fuels-stock-market-rally http://www.euronews.com/business/2026/05/06/oil-slips-on-renewed-peace-hopes-as-ai-boom-fuels-stock-market-rally Wed, 06 May 2026 09:08:13 +0200 Some of Europe’s leading stock indices climbed more than 3% on Wednesday, while oil prices retreated as hopes for a diplomatic breakthrough in the Iran conflict boosted market sentiment. http://www.euronews.com/business/2026/05/06/resilience-amid-ruins-why-markets-are-hitting-record-highs-despite-iran-war-effects http://www.euronews.com/business/2026/05/06/resilience-amid-ruins-why-markets-are-hitting-record-highs-despite-iran-war-effects Wed, 06 May 2026 07:00:16 +0200 Global indices in the US, Japan and South Korea have reached all-time highs despite the economic fallout from the ongoing Iran war. Investors are clearly looking past immediate geopolitical risks but what is driving the rally? http://www.euronews.com/my-europe/2026/05/05/eu-trade-chief-urges-us-to-swiftly-restore-15-tariff-arrangement http://www.euronews.com/my-europe/2026/05/05/eu-trade-chief-urges-us-to-swiftly-restore-15-tariff-arrangement Tue, 05 May 2026 19:06:41 +0200 EU Trade Commissioner Maroš Šefčovič met US Trade Representative Jamieson Greer ahead of what is expected to be a tense round of negotiations between EU countries and MEPs over the implementation of the EU-US trade deal, as Washington pushes the EU to rapidly eliminate tariffs on US goods. http://www.euronews.com/business/2026/05/05/10-years-of-brexit-how-have-uk-equities-and-the-pound-performed http://www.euronews.com/business/2026/05/05/10-years-of-brexit-how-have-uk-equities-and-the-pound-performed Tue, 05 May 2026 14:21:43 +0200 A decade after the 2016 referendum, the FTSE 100 has trailed Wall Street and continental Europe, the pound is weaker against the dollar and the euro, and roughly $160 billion has been pulled from UK equity funds. The story, however, is no longer one-way. http://www.euronews.com/my-europe/2026/05/05/we-should-never-have-signed-this-trade-deal-with-the-us-leading-mep-says http://www.euronews.com/my-europe/2026/05/05/we-should-never-have-signed-this-trade-deal-with-the-us-leading-mep-says Tue, 05 May 2026 12:04:56 +0200 French MEP Aurore Lalucq argues that Donald Trump’s recent tariff threats, which she considers a violation of the EU–US trade agreement, show the EU should not have agreed to the deal, highlighting divisions within the Socialists & Democrats. http://www.euronews.com/business/2026/05/05/european-banks-show-mixed-results-as-hsbc-profits-dip-while-unicredits-rise http://www.euronews.com/business/2026/05/05/european-banks-show-mixed-results-as-hsbc-profits-dip-while-unicredits-rise Tue, 05 May 2026 11:20:04 +0200 HSBC reported a slight contraction in profits while Italy's UniCredit surpassed market expectations as banking institutions navigate a complex landscape defined by geopolitical tensions. http://www.euronews.com/business/2026/05/05/shares-slip-as-oil-prices-stay-elevated-near-peaks-on-iran-war-concerns http://www.euronews.com/business/2026/05/05/shares-slip-as-oil-prices-stay-elevated-near-peaks-on-iran-war-concerns Tue, 05 May 2026 07:12:15 +0200 European markets opened in the green on Tuesday morning but later traded mixed as traders monitored developments in the Middle East. http://www.euronews.com/my-europe/2026/05/04/eu-and-us-trade-chiefs-to-meet-as-tariff-tensions-escalate http://www.euronews.com/my-europe/2026/05/04/eu-and-us-trade-chiefs-to-meet-as-tariff-tensions-escalate Mon, 04 May 2026 14:17:13 +0200 The Turnberry deal is still under negotiation between EU governments and lawmakers before it can take effect on the EU side, and the Commission warned that if the US takes actions deemed inconsistent with the agreement, it reserves the right to consider all options. http://www.euronews.com/business/2026/05/04/anthropic-in-talks-to-secure-uk-based-fractile-ai-chips-and-diversify-supply http://www.euronews.com/business/2026/05/04/anthropic-in-talks-to-secure-uk-based-fractile-ai-chips-and-diversify-supply Mon, 04 May 2026 13:15:09 +0200 Anthropic is reportedly in discussions to procure high-performance AI chips from Fractile, a London-based start-up. The agreement aims to diversify the hardware supply chain of the Claude creator, namely away from Nvidia. http://www.euronews.com/business/2026/05/04/gamestop-launches-56-billion-takeover-bid-for-e-commerce-giant-ebay http://www.euronews.com/business/2026/05/04/gamestop-launches-56-billion-takeover-bid-for-e-commerce-giant-ebay Mon, 04 May 2026 11:07:03 +0200 The gaming retailer GameStop has launched a surprise $56 billion (€47.8bn) bid to acquire the online marketplace eBay, marking a potential aggressive expansion into global e-commerce. http://www.euronews.com/my-europe/2026/05/04/donald-trumps-eu-car-tariffs-targeting-germany-says-key-german-mep http://www.euronews.com/my-europe/2026/05/04/donald-trumps-eu-car-tariffs-targeting-germany-says-key-german-mep Mon, 04 May 2026 09:51:20 +0200 German MEP Bernd Lange said US President Donald Trump’s threat to impose 25% tariffs on EU cars appears to target Germany, following Chancellor Friedrich Merz’s criticism of the US stance on Iran. However, the move would likely breach the EU–US trade agreement reached last summer. http://www.euronews.com/business/2026/05/04/oil-markets-lower-as-trump-vows-to-help-ships-leave-strait-of-hormuz http://www.euronews.com/business/2026/05/04/oil-markets-lower-as-trump-vows-to-help-ships-leave-strait-of-hormuz Mon, 04 May 2026 07:15:24 +0200 Oil prices rose slightly in early trading on Monday as investors monitored Iran war developments. Brent crude and WTI front month contracts are trading around 1% higher at around $109 and $103 per barrel respectively. http://www.euronews.com/my-europe/2026/04/30/eu-vows-to-fight-tooth-and-nail-for-european-jobs-as-china-threatens-retaliation http://www.euronews.com/my-europe/2026/04/30/eu-vows-to-fight-tooth-and-nail-for-european-jobs-as-china-threatens-retaliation Thu, 30 Apr 2026 16:33:54 +0200 In an interview with Euronews, EU Trade Commissioner Maroš Šefčovič said the European Union would stand its ground after China threatened retaliatory measures over plans to strengthen the bloc’s industrial policy. http://www.euronews.com/business/2026/04/30/oil-temporarily-surges-above-126-per-barrel-as-us-iran-conflict-seemingly-intensifies http://www.euronews.com/business/2026/04/30/oil-temporarily-surges-above-126-per-barrel-as-us-iran-conflict-seemingly-intensifies Thu, 30 Apr 2026 10:17:01 +0200 Oil markets face upward pressure on Thursday, with Brent crude briefly touching $126 as markets price in tensions in the negotiations between the US and Iran. http://www.euronews.com/my-europe/2026/04/29/china-pushes-eu-capitals-to-scrap-made-in-europe-law-or-face-retaliation http://www.euronews.com/my-europe/2026/04/29/china-pushes-eu-capitals-to-scrap-made-in-europe-law-or-face-retaliation Wed, 29 Apr 2026 19:52:52 +0200 As EU countries debate the European Commission’s proposal, Beijing is urging national governments to abandon the planned law. Otherwise, China says it will take countermeasures. http://www.euronews.com/business/2026/04/29/london-stock-exchange-adds-first-ukrainian-firms-to-reconstruction-fund http://www.euronews.com/business/2026/04/29/london-stock-exchange-adds-first-ukrainian-firms-to-reconstruction-fund Wed, 29 Apr 2026 16:53:20 +0200 For the first time Ukrainian equities have been included in a London-listed fund, which aims to channel investment into the nation’s eventual post-war reconstruction and current economic resilience. http://www.euronews.com/business/2026/04/29/oil-prices-rise-despite-uae-exit-from-opec-as-iran-war-ceasefire-hangs-in-balance http://www.euronews.com/business/2026/04/29/oil-prices-rise-despite-uae-exit-from-opec-as-iran-war-ceasefire-hangs-in-balance Wed, 29 Apr 2026 10:50:11 +0200 Oil markets are navigating a period of unprecedented volatility after the UAE announced its withdrawal from OPEC and the OPEC+. http://www.euronews.com/my-europe/2026/04/28/china-hawks-are-gaining-ground-in-the-commission-will-eu-countries-follow http://www.euronews.com/my-europe/2026/04/28/china-hawks-are-gaining-ground-in-the-commission-will-eu-countries-follow Tue, 28 Apr 2026 15:54:49 +0200 The European Commission's services are sizing up tools to counter Chinese rivals, including the Anti-Coercion Instrument. But despite mounting pressure from Beijing, the issue is still in its early stages — and EU member states remain divided. http://www.euronews.com/business/2026/04/28/iran-war-will-trigger-largest-energy-price-surge-since-2022-world-bank-warns http://www.euronews.com/business/2026/04/28/iran-war-will-trigger-largest-energy-price-surge-since-2022-world-bank-warns Tue, 28 Apr 2026 15:48:59 +0200 The World Bank’s latest Commodity Markets Outlook report predicts a 24% surge in energy prices this year as the Iran war delivers a historic shock to global supply chains. http://www.euronews.com/2026/04/28/uae-decides-to-leave-opec-citing-focus-on-its-national-interest http://www.euronews.com/2026/04/28/uae-decides-to-leave-opec-citing-focus-on-its-national-interest Tue, 28 Apr 2026 15:16:27 +0200 The UAE’s historic decision is a major blow to the alliance of oil producers, just as the global energy crisis is escalating over Iran’s blockade of the Strait of Hormuz, but the Gulf state insists its decision “enhances the UAE’s ability to respond to evolving market needs." http://www.euronews.com/business/2026/04/28/euronews-explains-what-are-eurobonds-why-is-it-divisive-and-does-it-make-sense http://www.euronews.com/business/2026/04/28/euronews-explains-what-are-eurobonds-why-is-it-divisive-and-does-it-make-sense Tue, 28 Apr 2026 13:43:12 +0200 What are eurobonds, and how could they help the European economy? Why is France pushing for more joint debt, and will it work? Euronews examines the case behind an asset that central banks and economists increasingly say makes economic sense but remains politically toxic for the EU. http://www.euronews.com/my-europe/2026/04/27/eu-leaders-back-us-president-after-attack http://www.euronews.com/my-europe/2026/04/27/eu-leaders-back-us-president-after-attack Mon, 27 Apr 2026 09:47:25 +0200 Also in this newsletter: On 40th Chernobyl disaster anniversary, Zelenskyy accuses Russia of committing 'nuclear terrorism.' http://www.euronews.com/business/2026/04/27/european-markets-set-to-open-higher-despite-us-iran-negotiations-stalling http://www.euronews.com/business/2026/04/27/european-markets-set-to-open-higher-despite-us-iran-negotiations-stalling Mon, 27 Apr 2026 08:27:45 +0200 European markets and US futures are trading mostly flat on Monday morning, while Brent crude remains above $100 and Asian markets bounce, as talks between Iran and the US stall. http://www.euronews.com/my-europe/2026/04/24/mercosur-meps-letter-warns-of-concentration-risk-due-to-quota-allocation-system http://www.euronews.com/my-europe/2026/04/24/mercosur-meps-letter-warns-of-concentration-risk-due-to-quota-allocation-system Fri, 24 Apr 2026 13:44:44 +0200 A letter obtained by Euronews is circulating among MEPs sounding the alarm on the potential abuse of the EU-Mercosur trade deal quota allocation system by South American Big Agriculture. http://www.euronews.com/my-europe/2026/04/24/at-first-summit-without-orban-zelenskyy-rejects-symbolic-eu-membership http://www.euronews.com/my-europe/2026/04/24/at-first-summit-without-orban-zelenskyy-rejects-symbolic-eu-membership Fri, 24 Apr 2026 08:46:32 +0200 Also in this newsletter: EU approves €90 billion loan for Ukraine after Hungary lifts controversial veto. http://www.euronews.com/my-europe/2026/04/23/made-in-europe-law-should-be-limited-to-geographically-close-countries-leading-mep-says http://www.euronews.com/my-europe/2026/04/23/made-in-europe-law-should-be-limited-to-geographically-close-countries-leading-mep-says Thu, 23 Apr 2026 17:09:44 +0200 French liberal MEP Christophe Grudler, who will lead negotiations on a “Made in Europe” law in the European Parliament, told Euronews the European preference proposed by the European Commission to counter foreign competition in the EU market extends to too many non-EU countries. http://www.euronews.com/business/2026/04/23/hair-dryer-trick-behind-25000-win-france-probes-potential-weather-data-scam-linked-to-poly http://www.euronews.com/business/2026/04/23/hair-dryer-trick-behind-25000-win-france-probes-potential-weather-data-scam-linked-to-poly Thu, 23 Apr 2026 16:10:48 +0200 Officials in France have launched an investigation into the potential compromise of national weather sensors after a series of anomalous temperature readings coincided with betting activity on Polymarket. http://www.euronews.com/business/2026/04/22/fed-chair-nominee-warsh-rejects-trump-sock-puppet-label-at-senate-hearing http://www.euronews.com/business/2026/04/22/fed-chair-nominee-warsh-rejects-trump-sock-puppet-label-at-senate-hearing Wed, 22 Apr 2026 13:44:23 +0200 Kevin Warsh, the nominee for Chair of the US Federal Reserve, declared he has not pledged to lower interest rates to secure his position despite public calls from US President Donald Trump for immediate monetary easing. http://www.euronews.com/business/2026/04/22/uk-inflation-hits-33-as-iran-war-drives-energy-costs-higher http://www.euronews.com/business/2026/04/22/uk-inflation-hits-33-as-iran-war-drives-energy-costs-higher Wed, 22 Apr 2026 10:40:44 +0200 British consumer prices rose at a faster pace in March, reaching 3.3% as the ongoing Iran war sent fuel prices soaring. The data has forced markets to reassess expectations for the Bank of England, with a previously anticipated interest rate cut next week now looking very unlikely. http://www.euronews.com/my-europe/2026/04/22/eu-trade-chief-heads-to-washington-hoping-to-unlock-steel-talks http://www.euronews.com/my-europe/2026/04/22/eu-trade-chief-heads-to-washington-hoping-to-unlock-steel-talks Wed, 22 Apr 2026 08:00:12 +0200 EU Trade Commissioner Maroš Šefčovič is travelling to Washington for the first time since the July 2025 EU-US trade deal, seeking to break the deadlock on removing 50% US tariffs on European steel and aluminium. http://www.euronews.com/business/2026/04/22/wall-street-turns-to-tokenization-as-247-trading-becomes-a-structural-necessity http://www.euronews.com/business/2026/04/22/wall-street-turns-to-tokenization-as-247-trading-becomes-a-structural-necessity Wed, 22 Apr 2026 07:00:09 +0200 Driven by the need to manage risk outside of traditional exchange hours and the desire for greater capital efficiency, major banks and hedge funds are moving towards "always-on" digital infrastructure. http://www.euronews.com/business/2026/04/21/the-iran-wars-biggest-losers-are-now-2026s-top-performing-markets http://www.euronews.com/business/2026/04/21/the-iran-wars-biggest-losers-are-now-2026s-top-performing-markets Tue, 21 Apr 2026 12:43:37 +0200 The stock markets that were supposed to pay the highest price for the Iran war are now the ones leading the 2026 league table, and the rebound from March's Hormuz panic has been one of the most aggressive relief rallies in years. http://www.euronews.com/business/2026/04/21/global-markets-on-edge-with-oil-moving-slightly-higher-ahead-of-us-iran-talks http://www.euronews.com/business/2026/04/21/global-markets-on-edge-with-oil-moving-slightly-higher-ahead-of-us-iran-talks Tue, 21 Apr 2026 12:14:29 +0200 European markets are trading mostly flat with Asian indices jumping higher and oil prices rising slightly as suspense builds around potential US-Iran negotiations and the end of the ceasefire in less than 48 hours. http://www.euronews.com/business/2026/04/20/oil-prices-climb-as-us-iran-stand-off-keeps-strait-of-hormuz-in-limbo http://www.euronews.com/business/2026/04/20/oil-prices-climb-as-us-iran-stand-off-keeps-strait-of-hormuz-in-limbo Mon, 20 Apr 2026 07:29:29 +0200 Oil prices climbed more than 5% while European markets fell on Monday morning as a stand-off between Iran and the US prevented tankers from using the Strait of Hormuz. http://www.euronews.com/my-europe/2026/04/18/exclusive-eu-based-chemical-producers-ask-commission-to-probe-chinese-group-over-deal-in-t http://www.euronews.com/my-europe/2026/04/18/exclusive-eu-based-chemical-producers-ask-commission-to-probe-chinese-group-over-deal-in-t Sat, 18 Apr 2026 22:58:18 +0200 European chemical producers want the Commission to launch a probe into Chinese LB Group as it seeks to purchase a competitor’s plant in the UK to export to the EU, according to sources. The group fears it could be used to get around anti-dumping duties. http://www.euronews.com/business/2026/04/17/london-metals-index-at-record-high-amid-aluminium-supply-squeeze-fear http://www.euronews.com/business/2026/04/17/london-metals-index-at-record-high-amid-aluminium-supply-squeeze-fear Fri, 17 Apr 2026 11:41:13 +0200 The London Metal Exchange’s benchmark has climbed to a fresh record as aluminium prices surge on fears of a severe and lasting shortfall in global supply following disruptions in the Middle East.