GeriUK government borrowing narrowly undershoots forecasts; oil rising over $100 amid strait of Hormuz deadlock – business live

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Guardian Business23.04.2026BusinessUnited Kingdom

UK government borrowing narrowly undershoots forecasts; oil rising over $100 amid strait of Hormuz deadlock – business live

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Rolling coverage of the latest economic and financial newsThe oil price is rising above $100 a barrel this morning, as supplies through the strait of Hormuz remain badly disrupted by the Iran war.Yesterday, Iranian forces have seized two ships in the crucial waterway as the US and Iran both doubled down on imposing separate blockades of the shipping waterway. Continue reading...

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