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Stock markets plunge after oil surges over $100 a barrel – business live
Rolling coverage of the latest economic and financial news, with oil on track for its biggest daily jump since 2020
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theguardian.com
Oil price heading for biggest weekly gain in four years, as strait of Hormuz traffic grinds to a halt – business live
Rolling coverage of the latest economic and financial news
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independent.co.uk
Oil surges to highest price since 2023 and stocks drop as Iran war rages
Oil prices surged to their highest levels since 2023 due to the Iran war, coinciding with a weak update on the US labour market that highlighted the economy's precarious position.
