BBC·3 min read·medium
Oil prices hit $100 for the first time since May
✦AI Summary
Oil prices have reached $100 per barrel for the first time since May due to escalating conflict in the Middle East and attacks on Red Sea shipping routes. The price surge raises concerns about renewed global inflation and increased costs for consumers.
Share Save Add as preferred on Google Michael Race and Ben King , Business reporters Bloomberg via Getty Images Oil prices hit $100 a barrel for the first time since May as the escalating conflict in the Middle East reignited fears over global energy supplies.
businesseconomyworld
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in