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.
The return of $100 oil is sending shockwaves through the global economy.
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.