The Hill News

Brent crude oil tops $100 on concerns over Iran attacks on shipping

Mar 12, 2026Center

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…

Read Full Story at Source

Compare coverage

5 related stories from other outlets

HuffPost

Mar 12, 2026

Top Match

Brent Crude Oil Briefly Tops $100 A Barrel As Iran Attacks On Shipping Worsen Supply Concerns

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.

Left

Read →

The Daily Wire - Breaking News, Videos & Podcasts

Mar 12, 2026

Good Match

Oil Prices Jump As Iran Celebrates Attacks On Oil Tankers

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 ...

Right

Read →

Iran Escalates Attacks on Dubai and Shipping, Sending Oil Higher

Bloomberg

Mar 12, 2026

Good Match

Iran Escalates Attacks on Dubai and Shipping, Sending Oil Higher

Iran escalated attacks on parts of Dubai and shipping assets, pushing oil prices above $100 a barrel and causing more concern about the length of the Middle East war and the effective closure of the Strait of Hormuz.

Center

Read →

One America News Network

Mar 12, 2026

Good Match

US markets retreat, oil prices jump another 5% as Iran attacks on shipping worsen supply concerns

Oil prices initially shot more than 9% higher as supply concerns worsened with Iranian attacks on commercial shipping around the Strait of Hormuz.

Far Right

Read →

Trump gambles quick, victorious war with Iran will override voter concerns on oil prices

Washington Examiner

Mar 12, 2026

Good Match

Trump gambles quick, victorious war with Iran will override voter concerns on oil prices

President Donald Trump appears confident that a quick and victorious war with Iran will override voters’ concerns about rising gas prices, a major gamble as November’s midterm elections approach. Affordability is consistently at the top of voters’ concerns. While Trump has focused on the issue during his 2024 presidential campaign, he gave his strongest…

Center Right

Read →