Yesterday the price of a barrel of crude oil hit the $100 mark again.
Prices at the petrol pumps could hit €2.30 a litre by January if the instability in the Middle East continues.
Yesterday the price of a barrel of crude oil hit the $100 mark again, it's the first time Brent crude has hit that price since late May.
It came as Donald Trump threatened more strikes on Iran, in response to Houthi attacks on ships in the Red Sea.
He also warned of major military punishment, if attacks continue.

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