[Oil Prices Rekindle Inflation Concerns, Bank of England November Rate Hike Expectations Rise] Jin10 Data, September 28 – Rising oil prices have driven the market to increase expectations for a Bank of England rate hike in November. As the U.S.-Iran conflict has yet to see any breakthrough progress, oil prices continue to climb, intensifying market concerns over renewed inflationary pressures. Brent crude futures prices surged by 2.3% at one point, reaching $106.7 per barrel. According to data from the London Stock Exchange Group (LSEG), the market currently estimates an 81% probability of the Bank of England raising interest rates at its November policy meeting, up from 62% a week ago.