Donald Trump insists surge in energy prices is ‘very small price to pay’ as Middle East conflict sparks fresh stock market sell-off
Middle East crisis – live updates
Oil prices surged past $100 per barrel for the first time since 2022 as fallout from the US-Israel war with Iran continued to rattle global markets and leading economies moved to tackle a worsening energy supply crisis.
A weekend of escalating violence in the Middle East intensified concerns around a sustained supply crunch, propelling oil prices to their highest level in four years and triggering a deep stock market sell-off.
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Source link : https://www.theguardian.com/business/2026/mar/09/iran-war-drives-oil-price-above-100-a-barrel-for-first-time-since-2022
Author : Jillian Ambrose Energy correspondent
Publish date : 2026-03-09 07:03:00
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