The price of a barrel of Brent crude oil, the international standard, has topped $100 a barrel again, jolting markets just days after it spiked near $120.
Crude oil prices eased slightly on Thursday morning after briefly climbing above $100 overnight, as Iran moves to strengthen its hold over the Strait of Hormuz in an attempt to ramp up economic pain amid the ongoing war. Brent crude oil, the international benchmark, was trading about 4.7 percent higher at about $98 per barrel…
The two most recent attacks, apparently carried out by explosive-laden boats, hit the tankers Safesea Vishnu and Zefyros in Iraqi waters.
Oil prices jumped Thursday morning to over $100 per barrel as Iran continued striking ships throughout the region. The global benchmark Brent crude climbed above $100 early Thursday morning for the first time since Monday before slipping slightly to $97.81. The spike came as Iranian attacks on ships in the Strait of Hormuz and Persian ...
