BusinessPhoto: NDTV BusinessUS Crude Oil Surpasses $100 Amid Iran Attacks and Supply Concerns
US crude oil prices exceeded $100 per barrel due to escalating Iranian attacks near the Strait of Hormuz and uncertainties over Russian fuel supplies. West Texas Intermediate crude rose 3% to $100.63, up 9% for the week, while Brent crude traded above $109. Supply disruptions from the Persian Gulf to the Black Sea have heightened inflation fears and market volatility. US lawmakers oppose releasing Russian diesel to global markets, potentially tightening fuel supplies further.
NDTV Business·




