Khamenei’s Son Takes Power as Oil Surges Past $100

Oil prices soar past $100 per barrel

Oil prices on Monday soared above $100 a barrel as the conflict between the U.S. and Iran escalates, threatening economic stability and supplies. Early in the day, Brent crude jumped 25 percent, later cooling to $96.94 per barrel while U.S. West Texas Intermediate also surged 28.3 percent. In the U.S., diesel gas prices rose by…