Crude oil passes $100 per barrel as Iran war widens
After its largest increase since the early 1980s over the last week, futures trading on crude oil on Sunday surpassed $100 per barrel.
Oil prices tick higher but stay below $100 a barrel on concerns about a 'fragile' cease-fire
Traders wary that traffic through the Strait of Hormuz is still restricted.
Marketplace
Oil passed $100 a barrel, with prices expected to keep rising
Oil prices go up faster than they come down, especially since the war has damaged oil infrastructure in the Middle East.
CNA
Trump defends Iran war decision as oil soars above US$100
US President Donald Trump dismissed the war-related spike in oil prices as a "small price to pay" for removing the threat of Iran's nuclear threat.
Trump officials prepping for ‘nightmare scenario’ at gas pumps: report
Trump officials prepping for ‘nightmare scenario’ where oil hits $150-a-barrel - and unleashes more pain at the gas pump - Officials have entered ‘all hands on deck’ mode, urgently evaluating options
U.S. oil producers could get $63 billion boost from high crude prices, analysis shows
Domestic energy companies could benefit from high oil prices in the short-term, but take a hit if the Iran war drags on.
As Peace Talks on Iran Approach, How Soon Could Prices Go Down?
A fragile cease-fire relieved markets, but experts say the war may have created lasting impacts on the economy.
Crude at $110: Even if Iran war ends, why $65 oil may remain a myth — what it means for India
For India, the implications are concerning; elevated oil prices could slow GDP growth to 6.5% for FY27, with inflation rising above 5%. Sectors like oil marketing, fertilizers, and textiles will be affected,
Oil tumbles below $100 after Trump announces two-week ceasefire
By Nicole Jao NEW YORK, April 8 (Reuters) - Oil plummeted on Wednesday, falling below $100 a barrel, on hope of the Strait of Hormuz reopening after U.S. President Donald Trump agreed to a two-week ceasefire with Iran.