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  • Brent crude could hit $110 if oil flow through Strait of Hormuz halved

    Energy

    Oil prices could surge to new highs, Goldman Sachs has warned, after the US attacked three sites in Iran spiking fears that a crucial Iranian-controlled waterway could be disrupted. The price of Brent crude oil spiked 5.7 per cent in the aftermath to $81.40 a barrel – marking a five month high. Prices later gave [...]

    Oil prices have risen as Israel and Iran tensions escalated.
  • Bloomsbury: Profit falls at Harry Potter publisher despite sales rise

    Business

    Profit at Bloomsbury Publishing, the giant most known for the Harry Potter series, was cut by almost a fifth during its latest financial year despite revenue rising. The London-listed company has reported a pre-tax profit of £32.5m for the year to 28 February 2025, down from the £41.5m it achieved in the prior 12 months. [...]

    Bloomsbury publishes the Harry Potter books, and is being targeted by Saba despite pledging to help UK markets.

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