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Evening Standard

Business

Anna Wise

Volatility rocks energy markets after Brent crude oil hits 90 dollars a barrel

Oil United States Iran PA Graphics

Financial markets were worried by the rising price of oil (Alamy/PA) -

Volatility has returned to rock the global energy market as oil prices hit 90 US dollars a barrel after fresh American military airstrikes on Iran.

The price of Brent crude oil rose by about 1.5% to surpass 90 dollars a barrel at one point on Monday morning for the first time since early June.

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