Oil price back above $100 despite deal to release record amount of reserves

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It comes as Iranian attacks on ships intensify in the crucial Strait of Hormuz waterway.

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The famous company said rising costs had "squeezed the business financially".

The famous company said rising costs had "squeezed the business financially".

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13.03	Oil price profiteering will not be tolerated, says Miliband
13.03	US eases Russia oil sanctions as Iran war pushes up energy prices
13.03	KPop Demon Hunters to return as Netflix announces sequel
13.03	Qantas agrees to pay $74m over Covid-19 travel voucher refunds
13.03	'I missed my chemo and have a 12,000 hotel bill': British holidaymakers stranded by Iran war
13.03	PwC says young recruits are 'hungry' for careers and plans to hire more graduates
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