Brent crude falls by 3.4% late on Monday amid reports of potential talks to end the hostilities
Brent crude falls by 3.4% late on Monday amid reports of potential talks to end the hostilities
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Britons are braced for higher prices at the pumps after a rise in oil prices caused by the conflict between Israel and Iran in recent days.
Oil prices climbed in early trading on Monday as traders worried about the risks of a broader regional military conflict, which could disrupt supplies.
Iran is a big oil producer, and accounts for about 3% of global supplies.
LONDON: Oil prices rose on Tuesday on rising disruptions from the Iran-Israel conflict, although major oil and gas infrastructure…
Conflict in the Middle East often leads to higher wholesale energy prices, which can feed through to inflation.
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LONDON: Oil prices steadied on Wednesday, recovering early losses to register moderate gains after the previous session’s 4…
The cost of crude oil affects everything from the price of food at the supermarket to how much it costs to fill up your car.
Oil Updates — prices steady as Iran-Israel conflict enters sixth day
