Friday, 23 October 2026

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Oil price rises above $115 a barrel amid fears US will renew strikes on Iran

Brent crude increase follows Tehran threatening retaliatory attacks on Gulf refineries and datacentresBusiness live – latest updatesOil has hit its highest level in more than five months as fears of fresh escalation in the Middle East conflict grip the energy markets.Brent crude, the international benchmark for oil, rose by 1% on Friday morning to above $115 a barrel – its…

Brent crude increase follows Tehran threatening retaliatory attacks on Gulf refineries and datacentresBusiness live – latest updatesOil has hit its highest level in more than five months as fears of fresh escalation in the Middle East conflict grip the energy markets.Brent crude, the international benchmark for oil, rose by 1% on Friday morning to above $115 a barrel – its…

Read the full story on Business | The Guardian

Source: Business | The Guardian

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