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Oil prices soar on fears of US-Iran war escalation

By Abigail Townsend

Date: Thursday 30 Apr 2026

(Sharecast News) - Oil prices whipsawed on Thursday, at one point hitting the highest level since the war began, as market volatility spiked.
Benchmark Brent crude rocketed to more than $126 a barrel in early trading, the highest price since 2022, when Russia invaded Ukraine. However, by 1430 BST it had...

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