Oil on track for record monthly surge as Iran war disrupts markets
Brent crude jumps 51% since start of March and gold suffers fifth-largest monthly fall in 50 yearsMiddle East crisis – latest updatesThe Brent crude oil price is on track for its biggest monthly gain on record in March after the Iran war caused mayhem in the markets.Brent crude, the international...
<p>Brent crude jumps 51% since start of March and gold suffers fifth-largest monthly fall in 50 years</p><ul><li><p><a href="https://www.theguardian.com/world/live/2026/mar/29/middle-east-crisis-live-explosions-tehran-yemen-houthis-iran-war-updates-trump-us-israel-strikes-lebanon">Middle East crisis – latest updates</a></p></li></ul><p>The Brent crude oil price is on track for its biggest monthly gain on record in March after the Iran war caused mayhem in the markets.</p><p>Brent crude, the international benchmark, has climbed by 51% since the start of March, LSEG data shows, beating the previous monthly record of 46% in September 1990 after Saddam Hussein invaded Kuwait, leading to the first Gulf war.</p> <a href="https://www.theguardian.com/business/2026/mar/29/oil-monthly-surge-record-iran-war-markets-gold">Continue reading...</a>
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