Middle East tensions are sending global oil prices soaring past $100 a barrel, with Brent crude trading at $100.66. Attacks on Iran have triggered significant supply concerns, potentially leading to the “largest supply disruption” ever. Despite economic uncertainty, the US prioritizes confronting Iran over oil prices, while global efforts to mitigate the impact are underway. Middle East tensions are sending global oil prices soaring past $100 a barrel, with Brent crude trading at $100.66. Attacks on Iran have triggered significant supply concerns, potentially leading to the “largest supply disruption” ever. Despite economic uncertainty, the US prioritizes confronting Iran over oil prices, while global efforts to mitigate the impact are underway.
