Iran War Sends Oil Price Surging, Threatening UK Rate Rise and Trade Deals

Brent crude smashed through $107 a barrel on Monday morning, hitting a four-month high after Saudi Arabia shut a major pipeline following drone attacks. The move disrupted a key route used to bypass the Strait of Hormuz, which remains all but closed to tanker traffic due to escalating tensions. President Donald Trump said the US may stay in Iran and "keep the oil," drawing parallels with the seizure of Venezuelan reserves, while claiming Iran was "calling constantly" for...