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2026March › 09

G7

4 months ago

Oil prices surged above $100 per barrel as the critical Strait of Hormuz remains closed due to threats from Iran.

Shares slide and government bond yields jump, as oil price jump to four-year high threatens new inflationary spike

  • Iran war drives oil prices above $100 a barrel for first time since 2022

  • UK interest r…

For now, U.S. President Donald Trump is brushing off the surging cost of oil.
As Iran names its new supreme leader oil prices skyrocket, sending shockwaves across the global economy – but how will the UK government deal with the issue? US President Donald Trump claims the surg…

US among three countries so far backing measure triggered by Middle East war, according to reports

  • Iran war drives oil prices above $100 a barrel

  • Business live – latest updates

G7 finance ministers are …

Middle East war has triggered surge in crude prices that threatens global economy

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