Business · 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%.

By BriefTea Editorial · 18 May 2026 at 20:50

Reported by Guardian · How we write briefs

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