BBC - Oil prices have climbed sharply following reports that the US is preparing for an 'extended' blockade of Iran. Brent crude rose to around $115 (£85) a barrel on Wednesday, having closed at just over $110 (£81) on Tuesday evening. The price had fallen slightly to $114.37 (£84.68) just before midday BST. It follows...
BBC - Oil prices have climbed sharply following reports that the US is preparing for an 'extended' blockade of Iran. Iran has said it will continue to disrupt traffic travelling through the Strait of Hormuz in response to the US blockade. The US said it would pause attacks on Iran on 8 April.
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