WTI crude oil futures hit $100 for first time since May
Oil futures rose sharply, with WTI hitting $100 a barrel for the first time since May. The move follows increased military strikes between the U.S. and Iran and Houthi advances toward the Bab el-Mandeb strait.
Oil futures are sharply higher, with WTI reaching $100 a barrel for the first time since May. S. and Iran and Houthi advances toward the Bab el-Mandeb strait. "The move is raising fresh concerns about the security of global energy supplies," Fawad Razaqzad said.