Oil Tops $100 a Barrel for First Time Since July As Us-iran Tensions Rise

Global oil prices climbed above $100 per barrel on Wednesday for the first time since late July, as US-Iran hostilities escalated. The surge came amid heightened concerns over potential supply disruptions in the Middle East following recent confrontations between the two nations. Analysts noted that the market's reaction reflected fears of a broader conflict that could threaten key shipping routes and oil production facilities in the region.