Oil prices rise over 2% after Middle East strikes; China’s exports surge on back of AI boom – business live

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Oil prices rise over 2% after Middle East strikes; China’s exports surge on back of AI boom – business live

Brent crude rises over $85 a barrel after US carries out third night of strikes against Iran Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. Oil prices rose more than 2% after the conflict in the Middle East worsened, with the US carrying out a third consecutive night of strikes against Iran. Two tankers came under fire in the strait of Hormuz. Stasis has ta…