Brent surpasses $100 per barrel as inflation fears mount

Key commodity price index hits 18-year high amid escalating US-Iran tensions Oil prices are surging as fighting in the Middle East stirs logistics concerns. (Photo by Ahmed Jadallah) TOKYO — Oil prices are climbing as fighting between the U.S. and Iranian militaries intensifies, with Brent futures topping the key $100-per-barrel threshold.

Read the full article at the source →