City AM
City AM
UK · 2 hrs ago

Burnham’s cost of living push under threat as oil hits $100

The benchmark oil price has hit $100 per barrel amid a re-escalation of war in the Middle East, undermining Andy Burnham’s cost of living drive.  Brent crude oil prices inched past the $100 milestone on Thursday afternoon following attacks by the Houthis, an Iran-backed militia based in Yemen, on two Saudi Arabian tankers.  The recent…
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