Oil Hits dollar 122, Highest Since 2022 as Trump Weighs New Iran Strategy, Fueling Global Economic Fears
Oil Prices Surge to Multi-Year Highs Amid Escalating US-Iran Tensions Global oil markets have been thrown into fresh turmoil, with
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June 20, 2026
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Global Oil Prices Reach Highest Level Since Iranian Conflict Began
** Global oil prices have reached their highest point since the 1970s due to reduced traffic in the Strait of Hormuz, a critical waterway in the Middle East. The ongoing conflict in the region has sparked concerns about supply disruptions and potential price hikes, making the oil market a closely watched sector.
Read MoreUK Borrowing Costs Soar to Highest Level Since 2008 Financial Crisis
The United Kingdom’s borrowing costs have surged to their highest level in over a decade, sparking concerns among experts about
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