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Update: Oil, gas and borrowing costs surge as fears over Middle East escalate

A report from BBC Business sets out the main available details, with claims kept attributed to their sources.

· 1 min read · language: en
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BBC Business

A report from BBC Business focuses on “Update: Oil, gas and borrowing costs surge as fears over Middle East escalate” and sets out the main development contained in the supplied source material.

The price of oil jumps to $105 a barrel against the backdrop of signs the Iran war is expected to not be resolved quickly.

Any statements, estimates or characterisations remain attributed to the people or organisations identified by the source. The excerpt alone does not provide a complete documentary record or necessarily include responses from every party involved.

Official statements or subsequent reporting may add context as the story develops. For now, this account is confined to information directly supported by the provided headline and excerpt.

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EGazette summarizes reporting from multiple sources; follow the links for the originals.

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