Oil prices near $100 a barrel after US attacks Iran and Houthis hit tankers in Red Sea – business live

1 day ago

Live, rolling coverage of business, economics and financial markets as traders fear attacks from Yemen and Iran creating ‘two-chokepoint problem’

Oil prices have jumped by 3.7% this morning as the backlash from the US war in Iran appeared to spread to the Red Sea.

The price of futures for Brent crude oil, the global benchmark, rose by 3% on Thursday to reach as high as $97.45 per barrel, approaching the $100 mark for the first time since May.

Continue reading...
Click here to Read More
Previous Article
Pride organisers vow to march in Romanian city that has blocked event four years in a row
Next Article
Palestine Action trial lawyer’s prosecution criticised as ‘chilling’

Related World Updates:

Are you sure? You want to delete this comment..! Remove Cancel

Comments (0)

    Leave a comment