The price of oil has risen above $100 a barrel for the first time since July as the escalating conflict in the Middle East threatens further disruption to global supplies.

Brent crude, the international benchmark for oil prices, rose 2.7% to about $100.6 after tensions increased in the Gulf amid the latest tit-for-tat exchange of fire between the US and Iran.

UK and mainland Europe gas prices also soared on Wednesday. The benchmark Dutch gas contract rose by almost 4% to €78.73 a megawatt hour, the highest since January 2023. Meanwhile, the British contract rose by 7.77p to 196.57p a therm, the highest since December 2022.

  • sportsjorts@lemmy.zip
    link
    fedilink
    English
    arrow-up
    20
    ·
    2 days ago

    All these fucking idiots who voted for trump are pedophile enabling fucks who are so dumb they would burn down their entire lives so trans people can’t play sports. You fucking idiots.