FTSE 100 slides and UK gas prices up amid fears strait of Hormuz will be closed for extended period
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FTSE 100 slides and UK gas prices up amid fears strait of Hormuz will be closed for extended period
Middle East crisis – live updates
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Oil prices rose sharply and European stock markets fell on Monday, after the US seizure of an Iranian vessel hit hopes for a peace deal.
Brent crude, the international benchmark for oil prices, rose by as much as 5% on Monday to $95.50 (£70.75) a barrel.
Continue reading...Source: Guardian - World News
