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Oil reaches $105 a barrel as Middle East fears drive up costs
Oil climbed to $105 a barrel while gas and borrowing costs also rose, as concern increased that the conflict involving Iran may not be settled quickly.
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Water bills set to rise after Ofwat permits extra funding
Ofwat has provisionally allowed 13 water companies to charge customers more so they can fund investment, meaning bills are set to increase for many cu...
Business
Oil prices fall amid hopes Strait of Hormuz shipments could resume
Oil prices have declined after senior US officials said talks had advanced towards allowing shipments through the Strait of Hormuz to restart.
Business
Oil tankers face heightened Middle East threat, analysts say
Analysts say fresh attacks on alternative shipping routes have created a more complicated threat environment for oil tankers in the Middle East, descr...
Business
US and Japan intervene jointly to support yen
The United States and Japan have taken the rare step of jointly intervening to prop up the yen, with both governments saying they are prepared to act...
Business
AI chip share falls raise questions over market boom
BBC News reports that sharp declines in some chip makers’ shares have prompted questions about whether investor enthusiasm for artificial intelligence...
Business
Oil prices fall sharply as US and Iran pause attacks
Brent crude dropped by more than 9% at one point after signs that attacks between the US and Iran had paused, easing some immediate fears over energy...