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Evening Standard
Evening Standard
Business
Graeme Evans

FTSE 100 Live 19 March: Markets slump as gas and oil prices surge, wage growth at five-year low

Oil Graeme Evans Bank of England The Bank of England Interest Rates Inflation Iran
FTSE 100 Live - (Evening Standard)

Stock markets are deep in the red after gas and oil prices spiked in response to attacks on energy facilities in the Middle East.

Heightened fears about major supply disruption lifted the Brent Crude oil price as far as $118 a barrel, while European natural gas prices jumped by more than 25%.

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