Brent crude tops $100 as Middle East conflict worries persist
Brent crude on ICEEUR:BRN1! hit $100 per barrel for the first time since late July. Despite escalating Middle East conflict fears of shipping disruption, the rally has been gradual.
By Florence Tan Global oil benchmark Brent crude ICEEUR:BRN1! hit $100 per barrel on Wednesday for the first time since late July, as escalating Middle East conflict continued to fuel fears of further disruption to oil shipments. Roughly 9 million barrels pe…