Oil hits $100 a barrel as Middle East tensions flare
Oil hits $100 a barrel after U.S.-Iran clashes unsettle supply routes. Brent briefly topped the mark as Red Sea and Hormuz disruptions lifted prices and gas costs.
Oil prices ease as U.S. and Iran hold off further strikes
Oil prices ease from last week’s highs after the U.S. and Iran paused strikes for a second day, with Brent and U.S. crude retreating in early Sunday trading.