Oil, gas and borrowing costs surge as fears over Middle East escalate
The price of oil jumps to $105 a barrel amid signs the Iran war will not be resolved quickly.
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""It feels like investors worldwide are now waking up to the crisis in oil markets.""
— Chris Beauchamp , Executive
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The price of oil jumps to $105 a barrel amid signs the Iran war will not be resolved quickly.
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When the conflict began on 28 February, fuel costs jumped as the war disrupted the production and transportation of energy across the Middle East.
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Dollar holds firm as US-Iran tensions lift oil, hawkish Fed bets build reuters.com
September 28, 2026 at 01:35 AMIndian shares hit near six-month low as US-Iran deadlock lifts oil prices - reuters.com
Indian shares hit near six-month low as US-Iran deadlock lifts oil prices reuters.com
September 28, 2026 at 02:19 AM