Central bank alarm as oil soars to $126: Bailey and Lagarde warn of interest rate hikes
By JOHN-PAUL FORD ROJAS, DEPUTY BUSINESS EDITOR Updated: 17:10 EDT, 30 April 2026 <!--
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Oil!-->!-->-->!-->>!-->>-->!-->>!-->-->!-->!-->!-->-->!-->>!-->>!-->>!-->-->!-->>!-->>!-->-->!-->>!-->>!-->>!-->>-->!-->!-->…