Morning Call: Energy markets threaten a new economic storm
The escalating situation in the Middle East could be disastrous for gas prices.
Good morning. Will here, filling in for Freddie while he is away. On Friday afternoon, UK wholesale gas prices reached a level not seen since mid-February while the price of Brent crude oil, which had been falling sharply prior to the 7 October attack on Israel by Hamas, rose above $90 per barrel once more.
While Israel prepares for a full-scale offe…
Keep reading with a 7-day free trial
Subscribe to Morning Call to keep reading this post and get 7 days of free access to the full post archives.