General · 18 May 2026
Oil prices up, bonds shaky as Iran war continues
Inflation worries are increasing, suggesting central banks may need to lift interest rates. On Monday, oil prices climbed and global bonds became unstable, driven by new Middle East tensions and stalled US-Iran peace talks. Brent crude hit $111.16 a barrel, a near two-week high, while the UK 10-year gilt yield reached 5.19%.
Reported by Guardian · How we write briefs
