World Business Report

Bangladesh starts rationing fuel for private motorists. It's a result of the rapid rise in oil prices as a result of the US/Israel war on Iran. And Nepal has a elected a new government, six months after the previous administration was toppled by Gen Z protests. Leanna Byrne hears from Nepal.

Israel bombards Beirut and Tehran and many people are being displaced. We hear from the restaurant owner keeping the ddors open for her customers despite the explosions.Also, Ed Butler finds out why hundreds of trafficked workers were released from scam centres in Cambodia, only to end up wandering the streets of the capital without a way back home.And we dig into the growing numbers of young Roblox millionaires.

The US treasury secretary, Scott Bessent, says he will grant India a 30-day waiver to buy sanctioned oil from Russia to help ease supply concerns in the global market.It comes as the Qatari energy minister warns that all energy producers in the Gulf region could shut down exports within weeks.Plus - we hear from Nepal where votes are being counted in what’s being dubbed the young versus old election.

What do people in Iran think about the war? We hear from Iranians across the country who tell us how life is changed.Also, we look at the life of foreign workers living in neighbouring countries, hearing from two Indian construction workers from Qatar. We ask how they are feeling since the war started.But others are willing to pay over $250,000 just to escape from the United Arab Emirates.

As global oil prices continue to climb, crude oil supplies from Iraq and Kuwait could stop shipping within days if travel through the Strait of Hormuz remains virtually halted. Plus, China cuts its economic growth forecast to the lowest level since 1991.

Natural gas prices spike in Europe after Qatar closes its LNG base. Meanwhile the Strait of Hormuz closure sends crude oil higher and its importance in the shipment of fertiliser ingredients could have major effects on global crop production this year, the boss of Yara says

Airlines have grounded flights, one of the world’s busiest airports has shut, and oil prices are climbing after strikes in the Middle East. We hear from investors and analysts as they react in real-time to the US-Israel war with Iran. And we find out how the disruption is affecting air passengers and the wider travel industry.Plus - we learn how the insurance market is responding to fast-moving events as it assesses coverage and war risk premiums.

Greenlandic and Danish foreign ministers are about to hold talks in Washington with US Vice President JD Vance and Secretary of State Marco Rubio. The meeting could shape investment, mining and military spending across the arctic. Plus, China has announced record export numbers and its biggest-ever trade surplus. We examine what this means. Also, Saks Fifth Avenue has applied for bankruptcy protection.

Frey Lindsay looks back on the stories shaping the world of money and work in 2025. It's been a year where tariffs have grabbed many of the headlines and we hear from our correspondents around the world on the impact they've had. We also hear about the biggest toy and collector craze of 2025 - the Labubu doll.(Picture: U.S. President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington, D.C., U.S., April 2, 2025. Credit: REUTERS/Carlos Barria)