[unable to retrieve full-text content]

The escalation of the Israeli-Palestinian conflict has sparked fears over potential oil supply disruptions in the region Global oil prices saw a sharp increase on Wednesday amid fears that the conflict between Israel and the armed Palestinian group Hamas could spread to other countries in the Middle East, causing  global oil supply disruptions.

The average two-year fixed mortgage rates for residential property buyers in the UK hit 6.01% on Monday, sending the key borrowing metric for the housing market to its highest level since December 2022.