Brent crude up by about 3% after latest fire between US and Iran in Gulf and Houthi attacks on Saudi citiesBusiness live – latest updatesThe price of oil has risen above $100 a barrel for the first time since July as the escalating conflict in the Middle East threatens further disruption to global supplies.Brent crude, the international benchmark for oil prices, rose 3% to more than $100.8 after tensions increased in the Gulf amid the latest tit-for-tat exchange of fire between the US and Iran. Continue reading...
Brent crude up by about 3% after latest fire between US and Iran in Gulf and Houthi attacks on Saudi cities
The price of oil has risen above $100 a barrel for the first time since July as the escalating conflict in the Middle East threatens further disruption to global supplies.
Brent crude, the international benchmark for oil prices, rose 3% to more than $100.8 after tensions increased in the Gulf amid the latest tit-for-tat exchange of fire between the US and Iran.
Continue reading...
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