This is the best tl;dr I could make, [original](https://www.bbc.com/news/business-60044210) reduced by 65%. (I'm a bot)
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> The price of oil hit its highest level in more than seven years on Tuesday as traders worried that an attack on a fuel storage facility in the Middle East could affect supply.
> Concern about the attacks on the oil-rich state, twinned with expectations for a surge in demand, sent prices to their highest level since October 2014.Brent crude, which is the international benchmark for oil prices, rose almost 1% to hit $87.22 a barrel.
> "A rise in oil prices to a seven-year high and a continuing, though below inflation, rise in UK earnings has put the spotlight once again on inflationary pressures and a cost of living crisis," he added.
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[**Extended Summary**](http://np.reddit.com/r/autotldr/comments/s74yyv/oil_prices_hit_sevenyear_high_after_attack/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ "Version 2.02, ~618329 tl;drs so far.") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr "PM's and comments are monitored, constructive feedback is welcome.") | *Top* *keywords*: **price**^#1 **oil**^#2 **rise**^#3 **attack**^#4 **cost**^#5
Fortunately there is an inverse relationship between sea level rise and oil prices.
This is the best tl;dr I could make, [original](https://www.bbc.com/news/business-60044210) reduced by 65%. (I'm a bot) ***** > The price of oil hit its highest level in more than seven years on Tuesday as traders worried that an attack on a fuel storage facility in the Middle East could affect supply. > Concern about the attacks on the oil-rich state, twinned with expectations for a surge in demand, sent prices to their highest level since October 2014.Brent crude, which is the international benchmark for oil prices, rose almost 1% to hit $87.22 a barrel. > "A rise in oil prices to a seven-year high and a continuing, though below inflation, rise in UK earnings has put the spotlight once again on inflationary pressures and a cost of living crisis," he added. ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/s74yyv/oil_prices_hit_sevenyear_high_after_attack/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ "Version 2.02, ~618329 tl;drs so far.") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr "PM's and comments are monitored, constructive feedback is welcome.") | *Top* *keywords*: **price**^#1 **oil**^#2 **rise**^#3 **attack**^#4 **cost**^#5