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Oil prices jump 5% on Middle East tensions and US hurricane threat

Oil prices have jumped by 5% due to rising tensions in the Middle East and production cuts linked to a hurricane threat. Brent crude is now priced at $105.30 per barrel, raising concerns over inflation and market stability.

The Guardian· Oct 9, 2026 · 7:12 AM · 1 views

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Oil prices have jumped by 5% due to rising tensions in the Middle East and production cuts linked to a hurricane threat. Brent crude is now priced at $105.30 per barrel, raising concerns over inflation and market stability.

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Originally reported by The Guardian. Read the full story →

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