Oil prices rise as US-Iran ceasefire ends; UK wage growth slows amid cost of living squeeze – business live

Oil prices rise as US-Iran ceasefire ends; UK wage growth slows amid cost of living squeeze – business live - short news


Brent crude climbs above $91 a barrel

Good morning, and welcome to our rolling coverage of the global economy, the financial markets, the eurozone and business.

Oil prices have risen, trading above $90 a barrel, as hopes faded for a deal to end war in the Middle East, heightening fears about energy supplies.

Regular wage growth has remained broadly stable in recent months. However, private sector pay growth has continued to ease, while public sector pay growth remains..


Read more on The Guardian

source: The Guardian - 18.08.2026

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