Oil Prices Reach Four Year High Before Central Bank Policy
Brent crude hit 126 dollars as investors weighed Middle East tensions. Markets now await policy updates from the European Central Bank and Bank of England.
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Brent Crude Oil rose 3% to $122 a barrel as escalating conflict in Iran rattled global equity and bond markets.
Prices hit a four-year high of $126.41 overnight, more than doubling since the start of the year.
