The Guardian Australia – News · general

Israel seeks Lebanon negotiations as oil prices surge above $100 a barrel

2 hours ago

Israel called for negotiations with Lebanon amid ongoing bombardment, as Prime Minister Benjamin Netanyahu stated there is no ceasefire in the region. The price of oil surged above US$100 a barrel due to uncertainty over the Gaza conflict and the closed Strait of Hormuz. Economists warn that disruptions to global oil markets could last.

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Summary by Glance · Original reporting by The Guardian Australia – News

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