Oil prices jump above $100 for first time in four years

Global oil prices have jumped above $100 (£75.11) a barrel for the first time since 2022 as the escalating US-Israeli war with Iran has fuelled fears of prolonged disruption to shipments through the Strait of Hormuz. Iran on Sunday named Mojtaba Khamenei to succeed his father Ali Khamenei as Suprem...

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