Oil price jumps 3% and UK pump prices rise as the US and Iran trade attacks – business live

Brent crude remains below $80 a barrel; European shares push cautiously higher while Asian shares tumble with South Korea’s Kospi down nearly 10%Drinkers across the UK were shocked when a pint in some London bars hit £10, and now a cup of coffee is facing a similar inflationary rate. Some baristas are now charging £6.50 for a flat white.Higher energy bills, inflated by the war in the Middle East, as well as governme…