Business

Oil prices surged above $106 per barrel amid escalating US-Iran tensions in the Strait of Hormuz, following reciprocal vessel seizures. The increase represents a nearly 5% rise since late Wednesday, reflecting concerns over shipping disruptions in a key global energy transit route.

The 81-year-old former Beatle saw his wealth increase by £50 million in the past year, thanks to touring, the enduring value of his music catalogue, and Beyoncé’s cover of his 1968 classic, “Blackbird.”

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