The Hindu·2 min read·medium

Brent oil's price briefly tops USD 100 per barrel, as stocks are set to drop on Wall Street

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AP
Brent oil's price briefly tops USD 100 per barrel, as stocks are set to drop on Wall Street
AI Summary

Brent crude oil prices briefly surpassed $100 per barrel following increased geopolitical tensions in West Asia. The surge was triggered by attacks on Saudi oil tankers in the Red Sea, raising concerns about global supply chain disruptions.

Brent crude oil briefly topped $100 per barrel for the first time since May as increased fighting in West Asia threatens to slow the global flow of crude.

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