Burnham’s cost of living push under threat as oil hits $100

cityam07-23 21:50

Oil prices have jumped again on war tensions. AP The benchmark oil price has hit $100 per barrel amid a re-escalation of war in the Middle East, undermining Andy Burnham’s cost of living drive. Brent ...

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AP The benchmark oil price has hit $100 per barrel amid a re-escalation of war in the Middle East, undermining Andy Burnham’s cost of living drive. Brent ...</p>\n\n<a href=\"https://www.cityam.com/burnhams-cost-of-living-push-under-threat-as-oil-hits-100/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"UGA","symbol_name":"United States Gasoline Fund LP","start_time":0,"source_url":"https://www.cityam.com/burnhams-cost-of-living-push-under-threat-as-oil-hits-100/","article_id":"2653731725","we_media_id":null,"thumbnails":["https://www.cityam.com/wp-content/uploads/2026/07/Oil-price--e1784814254573.jpg?w=824&h=463&crop=1"],"rights":{"source":"cityam_highlight","url":"https://www.cityam.com/burnhams-cost-of-living-push-under-threat-as-oil-hits-100/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2653731725","pubTimestamp":1784814657,"columns":[],"sourceInfo":{"source_id":"cityam_highlight","name":"cityam"},"weMediaInfo":null,"summary":"Oil prices have jumped again on war tensions. AP The benchmark oil price has hit $100 per barrel amid a re-escalation of war in the Middle East, undermining Andy Burnham’s cost of living drive.Brent crude oil prices inched past the $100 milestone on Thursday afternoon following attacks by the Houthis, an Iran-backed militia based in Yemen, on two Saudi Arabian tankers.The recent surge in energy pricing has brought markets back to where they were in March when the US and Israel launched attacks on Iran. The last time Brent crude traded at $100 was in late May.President Trump’s ceasefire agreement with Iran in June raised hopes that a peace deal between warring parties could be struck and trading across the Strait of Hormuz could normalise.","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"UGA":"United States Gasoline Fund LP","DUG":"二倍做空石油与天然气ETF(ProShares)","OIH":"石油服务ETF","VDE":"Vanguard Energy ETF","FTXN":"First Trust Nasdaq Oil & Gas ETF","USO":"美国原油ETF","DRIP":"Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares","PXJ":"Invesco Oil & Gas Services ETF","BK4588":"碎股","SCO":"二倍做空彭博原油指数ETF","USL":"United States 12 Month Oil Fund LP","OILK":"ProShares K-1 Free Crude Oil ETF","XES":"SPDR S&P Oil & Gas Equipment & Services ETF","USOI":"ETRACS Crude Oil Shares Covered Call ETN","DIG":"二倍做多美国油气指数","GUSH":"Direxion Daily S&P Oil &Gas Exp. & Prod. 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AP The benchmark oil price has hit $100 per barrel amid a re-escalation of war in the Middle East, undermining Andy Burnham’s cost of living drive. Brent crude oil prices inched past the $100 milestone on Thursday afternoon following attacks by the Houthis, an Iran-backed militia based in Yemen, on two Saudi Arabian tankers. The recent surge in energy pricing has brought markets back to where they were in March when the US and Israel launched attacks on Iran. The last time Brent crude traded at $100 was in late May. President Trump’s ceasefire agreement with Iran in June raised hopes that a peace deal between warring parties could be struck and trading across the Strait of Hormuz could normalise. \n\nAttacks by the Houthis over the Red Sea last night have prompted Trump to issue new threats to Iran as he said he would hold the country “responsible” for the re-emergence of war in the Middle East. Trump added that “major military punishment” would come for Iran given the militia was backed by Iran. \n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nUS forces also responded with strikes on “targets including maritime capabilities” overnight.The Houthis attacked tankers after the political group had imposed a maritime blockade on Saudi Arabia in retaliation to a Saudi blockade of ports in north-western Yemen. The Iranian leadership’s military division, the Islamic Revolutionary Guard Corps, has also targeted ships passing through the Strait of Hormuz. Trump previously threatened to attack a bridge or power plant if forces hit ships in the Strait of Hormuz.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.46.0","shortVersion":"4.46.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2653731725","isCrawlerRequest":true}