Ian Smith in London, Leo Lewis in Tokyo and Song Jung-a in Seoul
Oil hit $115 a barrel for the first time since May on Friday, weighing on global markets already rattled after a brutal sell-off in Big Tech stocks on Wall Street.
Brent crude, the international benchmark, climbed as much as 1.8 per cent to $115.16 a barrel in London, extending a blistering rally amid fears of renewed escalation of the conflict in the Middle East. It later fell back to $114.71.
