Oil reaches $80 again as Middle East conflict intensifies

Brent, WTI up 12% over last week as hostilities escalate

Smoke billows amid the ongoing hostilities between Hezbollah and Israeli forces in Tyre, southern Lebanon, on 7 October 2024.
Smoke billows amid the ongoing hostilities between Hezbollah and Israeli forces in Tyre, southern Lebanon, on 7 October 2024.Photo: REUTERS/SCANPIX
Published 7 October 2024, 16:32Updated 8 October 2024, 07:21
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