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OriginalSourceThe GuardianUnited KingdomLeanCenter-leftCredibilityPublished06:43 UTCRatings: AllSides, MBFCSourceThe GuardianUnited KingdomLeanCenter-leftCredibilityPublished06:43 UTCRatings: AllSides, MBFC

“Oil rises above $90 as US-Iran strikes escalate; Ryanair predicts lower fares this summer - business live”

Oil rises above $90 as US-Iran strikes escalate; Ryanair predicts lower fares this summer - business live

Key points

  • Brent crude is up 2.7% to $90.49, after rising as high as $91.41.
  • The US carries out its ninth consecutive night of strikes against Iran, following an unravelling ceasefire.
  • Morgan Stanley warns Europe faces diesel supply squeeze, with inventories falling to multi-year lows by year-end.
  • Segro rejects Prologis’ third £13.5bn takeover bid, including up to £2.7bn cash and 0.0890 shares.
  • Ryanair cuts fares expectations as Middle East conflict drives 1st quarter average fares 6% lower.

By Lauren Almeida

Read at The Guardian

Other reports

How it got here

  1. The Guardian publishes the article.

  2. concise reads it.

  3. Grouped with Al Jazeera’s report as story 4.

  4. The Brief ranks it 4th.

concise. — Article, The Guardian’s original