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Travelodge boss resigns amid criticism over handling of assaults; oil price tops $93 a barrel – business live

City noticeboard, Trade Hub UK (2026-08-20): In the markets, oil prices have risen further to three-week highs as there is no sign of an end to the US-Israeli war on Iran. Brent crude has jumped $1.46,… Primary source: original at Guardian Markets (theguardian.com).

By Guardian Markets

Travelodge boss resigns amid criticism over handling of assaults; oil price tops $93 a barrel – business live

In the markets, oil prices have risen further to three-week highs as there is no sign of an end to the US-Israeli war on Iran.

Brent crude has jumped $1.46, or 1.6%, to just over $93 a barrel, the highest in three weeks. Oil prices have risen for the last five trading sessions, as the shaky ceasefire between Washington and Tehran expired on Monday.

Tensions in the Middle East remain high, leaving room for further supply disruptions. Lower oil exports from the Middle East are once again tightening the oil market.

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Source: Guardian Markets