Middle East war creating ‘largest supply disruption in the history of oil markets’, as Brent crude rises to near $100 – business live

Rolling coverage of the latest economic and financial newsMiddle East crisis live: Mojtaba Khamanei says strait of Hormuz will remain closed in first statement as supreme leader as Iranian attacks disrupt energy marketsOil price touches $100 again as Iran strikes economic targets across Middle EastEuropean gas prices are also rising today.The month-ahead UK gas contract is up 4.2% at 132.6p per them, while the continental European equivalent is 3.2% higher at €51.6 per Megawatt hour. Continue reading...


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