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Oil and gas prices jump on Middle East shipping attacks, sending bond yields higher and stocks lower – business live

Oil prices are nearing $103 a barrel due to escalating shipping attacks in the Gulf, raising concerns over crude supplies. As a result, Asian shares declined, and bond yields increased amid expectations of higher interest rates in the UK.

The Guardian· Oct 8, 2026 · 10:29 AM · 1 views

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Oil prices are nearing $103 a barrel due to escalating shipping attacks in the Gulf, raising concerns over crude supplies. As a result, Asian shares declined, and bond yields increased amid expectations of higher interest rates in the UK.

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#news #breaking #oilprices #MiddleEast #stocks #economy #finance

Originally reported by The Guardian. Read the full story →

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