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Oil price jumps to $115 after reports of 'extended' Iran blockade

The price of crude oil has swung sharply as uncertainty over the war in the Middle East continues.

Tags: 039extended039, blockade, Iran, jumps, oil, price, reports

US borrowing costs hit highest level since 2007 as oil prices jump

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State pension likely to rise by 3.9% next April

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US borrowing costs hit highest level since 2007 as oil prices jump

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