Oil prices hit $100 for the first time since May
The price of Brent crude rose more than 6% on Thursday as the war in the Middle East continues to escalate.
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Notable Quotes
"the people in charge in Iran were "not ready to make a deal"."
— Marco Rubio , Politician
""More expensive fuel and energy can ripple through the wider economy, increasing costs for businesses and ultimately feeding through into the price of food and other goods.""
— Jonathan Raymond , Executive
"committed to "restoring price stability" in the wake of the Middle East conflict impacting prices."
— Kevin Warsh , Executive
Key People
Former president of the United States known for his aggressive economic policies.
Jerome Powell is the Chair of the Federal Reserve.
Jonathan Raymond is an investment manager at Quilter Cheviot.
Kevin Warsh is the Federal Reserve's new chief.
U.S. Secretary of State.
Paul Dales is the chief economist at Capital Economics.
All Coverage
The price of Brent crude rose more than 6% on Thursday as the war in the Middle East continues to escalate.
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