Oil Rises Past $100 a Barrel After the Latest Wave of Middle East Attacks – WTOP News
Brent crude rose to $100.29 a barrel as U.S. strikes destroyed five Iranian-linked tankers and Houthi attacks damaged Saudi oil facilities, officials said.
- Brent crude surged past $100 a barrel on Wednesday for the first time in six weeks after U.S. military strikes destroyed five Iranian tankers and Houthi attacks ignited Saudi Arabian oil facilities.
- Crude prices have swung sharply since the United States and Israel launched their war with Iran six months ago, with fighting halting most shipping through the Strait of Hormuz.
- Central Command destroyed five Iranian tankers in the Gulf of Oman, while Secretary of State Marco Rubio said the Houthis are "in many ways, agents and proxies of the Iranians."
- According to AAA, regular gasoline averaged $4.15 per gallon Tuesday, up 26% from last year, while diesel reached $5.90 per gallon, a 59% increase.
- Rising jet-fuel costs have forced U.S. and international carriers to cut flights and increase fares, as the industry manages one of its largest operating expenses.
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Oil tops $100 as Middle East conflict intensifies | Honolulu Star-Advertiser
HOUSTON >> Brent crude futures breached $100 a barrel today for the first time since late July after Iran and the U.S. struck tankers in the biggest wave of attacks on shipping since the war began, threatening to worsen the ongoing impairment of energy supplies from the Middle East.
نُشر هذا المقال أولاً عبر Cedarnews.net. Words موقعنا. Brent oil prices passed $100 a barrel after the US attack on Iran-linked oil tankers in the Strait of Hormuz, rising 43% since the start of July. Home page Cedarnews page الإخباري. The message موقعنا الرسمي.
Evening Standard
Shares dive as oil surges past 100 dollars
Brent oil climbed after the US military reported striking five Iranian oil tankers.
TVA Nouvelles
24 heuresNew strikes, both American and Iranian, that pushed Brent's barrel above the $100 mark
World oil prices were back at $100 per barrel, their highest level since July, due to the fact that fighting in the Middle East raises concerns about possible prolonged interruptions in supply. Brent crude, the world benchmark, rose 2.3% early on Wednesday, coming to briefly quote [...] The world oil price entry reaches $100 per barrel in the face of a surge in fighting in the Middle East was first published in Hispanic Post.
By John Towfighi, CNN World oil prices were back at US$ 100 per barrel, their highest level since July, because fighting in the Middle East raised concerns about possible prolonged interruptions in supply.Brent crude, the world's benchmark, rose by 2.3% early on Wednesday,
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