Oil climbs as widening Iran conflict threatens shipping routes and production
TL;DR Summary
Crude oil prices surged as the expanding Iran‑led conflict threatens key Middle East shipping routes and oil production, fueling market jitters over supply disruptions.
- Energy prices soar to levels not seen in years as Iran names new supreme leader and digs in Oskaloosa Herald
- Iran latest: Iranian missiles intercepted over Turkey and UAE as oil price passes $100 a barrel BBC
- Iran latest: France to escort ships through Strait of Hormuz The Times
- Lengthy US-Iran war would affect ‘lives and households of everybody’, says Starmer The Guardian
- Starmer Pledges Support for UK Households as Oil Hits $100 Bloomberg.com
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