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Oil price falls to lowest level since before the US-Iran war; UK firms hope Burnham will ease burden – business live

Rolling coverage of the latest economic and financial news

Oil has been on quite a journey this year.

On 27 February, just before the Iran war started, Brent crude closed at $72.48 a barrel. It surged once the conflict began – hitting $119/barrel several time in March, and then peaking at $126.41 at the end of April.

Continue reading…Rolling coverage of the latest economic and financial newsOil has been on quite a journey this year.On 27 February, just before the Iran war started, Brent crude closed at $72.48 a barrel. It surged once the conflict began – hitting $119/barrel several time in March, and then peaking at $126.41 at the end of April. Continue reading…

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