Tensions between the US and Iran have sent oil prices surging toward $100 per barrel as retaliatory strikes between the two nations intensify, raising concerns over potential disruptions to global energy supplies. The escalating conflict has traders bracing for further volatility in crude markets, with analysts warning that geopolitical risks could keep prices elevated. Markets are closely monitoring developments as the situation unfolds, with implications for fuel costs and economic stability worldwide.
Oil prices edged closer to $100 a barrel after an escalation in the tit-for-tat strikes between the US and Iran.
