Oil surges past $100 on fears of US-Iran conflict
📡 Bloomberg Markets · 1 min read ·
Part of composite article Saudi Warplanes Hit Yemen Again as 100 Jets Target Houthis—And Oil Jumps Past $100 View full article →
Oil prices climbed back above $100 a barrel on Tuesday. Investors are concerned about a possible return to active conflict between the United States and Iran.
Such a conflict could further tighten supplies of crude oil and refined products.