Brent hit new multi-week high on Tuesday following fresh escalation in the Middle East which threatens to further disrupt a tiny flow through the key Strait of Hormuz supply route. The price neared psychological $100 barrier after Houthis in Yemen, backed by Iran, attacked energy facilities in Saudi Arabia that increases risk of spreading the […]
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Bank of England policymakers laid out a clear divide over how to respond to the renewed energy shock at a Treasury Committee hearing in parliament on Tuesday. Governor Andrew Bailey warned that “we’ve got higher Read more…
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