Economy

Oil prices hit new highs as US reportedly mulls Iran military action

Brent crude rises 4.5 per cent above $123 a barrel in Asian trading to highest level since conflict began

F
Financial Times
April 30, 2026·1 min read
Oil prices hit new highs as US reportedly mulls Iran military action

Image: Financial Times

Brent crude rises 4.5 per cent above $123 a barrel in Asian trading to highest level since conflict began

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Oil prices hit new highs as US reportedly mulls Iran military action

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