Oil prices surge as Middle East tensions deepen global supply concerns
Brent crude climbed above $108 a barrel while WTI moved past $104 as markets assessed the impact of attacks on Saudi energy infrastructure and disruptions to key oil routes.
Brent crude climbed above $108 a barrel while WTI moved past $104 as markets assessed the impact of attacks on Saudi energy infrastructure and disruptions to key oil routes.
Oil prices climbed above $100 a barrel on Wednesday for the first time since July, as a new wave of attacks on energy facilities and ships across the Middle East raised concerns about further disr
The return of $100 oil is sending shockwaves through the global economy.
Global oil prices surged sharply on Thursday as rising tensions between the United States and Iran fueled concerns over the prolonged closure of the Strait of Hormuz, one of the world’s most critical oil shipping
The crisis in the Middle East has entered a critical new phase after United States President Donald Trump ordered the U.S.
In his first national address since the Iran war began, President Donald Trump vowed to strike Iran “extremely hard” over the coming weeks, while Tehran promised stronger retaliation. The speech sent oil prices soaring and rattled global markets.
WASHINGTON / DUBAI, March 31, 2026. U.S.