Oil hits new highs - how bad will it get?
From World Business Report by BBC World Service
April 30, 2026 · 26 min
About this episode
The episode discusses the recent surge in oil prices and its implications, alongside issues of digital scams in India and funding changes in golf.
We hear how oil prices have been swinging sharply, with Brent crude briefly hitting 126 dollars a barrel as tensions in the Gulf raise concerns about supply and the wider global economy. Saudi Arabia is to stop funding the LIV Golf tour after spending billions to lure top players away from the PGA Tour. And in India, a surge in digital scams has cost victims around two and a half billion dollars, prompting the central bank to step in. (Image Credit: FILIP SINGER/EPA/Shutterstock (16852987h) A display shows fuel prices in euro at a petrol station in Berlin, Germany, 30 April 2026.)
Topics covered
- oil prices
- global economy
- digital scams
- Gulf tensions
- LIV Golf funding
Keywords
- oil prices
- Brent crude
- Gulf tensions
- digital scams
- Saudi Arabia
- LIV Golf
- PGA Tour
Mentioned in this episode
Organizations: Saudi Arabia, LIV Golf, PGA Tour
Places: India, Gulf, Berlin, Germany
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