Oil prices rise and bonds wobble as Iran war stokes inflation fears
by Lauren Almeida from World news | The Guardian on (#75PH4)
Trump warning over peace talks drives up crude price as UK gilts hit by uncertainty over Starmer leadership
Oil prices rose and global bonds wobbled on Monday, as fresh tensions in the Middle East fed inflation fears and bets that central banks will have to increase interest rates.
Brent crude, the international benchmark for oil, rose on Monday, after an attack on a nuclear power plant in the United Arab Emirates.
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