Oil hits $100 a barrel for first time in months as Middle East conflict intensifies again
- The price of oil breached the $100 threshold on Wednesday for the first time in months, as new flare-ups in the United States’ war with Iran stoked fresh concern for global energy markets.
- military said it destroyed five Iranian tankers in response to attempted missile attacks on a Navy warship.
- As Donald Trump’s war on Iran spreads further throughout the Middle East, the cost of oil has soared as traders show concerns over inflation.
Confirmed
- military said it destroyed five Iranian tankers in response to attempted missile attacks on a Navy warship.
Unverified
- The price of oil breached the $100 threshold on Wednesday for the first time in months, as new flare-ups in the United States’ war with Iran stoked fresh concern for global energy markets.
- As Donald Trump’s war on Iran spreads further throughout the Middle East, the cost of oil has soared as traders show concerns over inflation.
Sources: The Independent, NBC News