Oil prices exceed $100 amid geopolitical tensions
after close1 source ↓written by the desknot a recommendation
- per barrel
- $100
- +3.49 and WTI
- $102.71
- +2.18
- $92.49
Oil prices surged above $100 per barrel on Wednesday, with Brent crude reaching $102.71 (+3.49%) and WTI at $92.49 (+2.18%). This rise is fueled by renewed inflation concerns and geopolitical uncertainty, particularly regarding US-Iran relations. A cargo vessel incident in the Strait of Hormuz adds to market volatility.
Not investment advice. For informational purposes only.