Oil Prices Volatile as Supply Disruptions Hit Four Global Fronts
AI Summary
Oil prices have surged past $100 a barrel amid supply disruptions caused by the escalating conflict in the Middle East and strikes on Russian infrastructure due to the Ukraine conflict. These disruptions are impacting global oil markets and contributing to price volatility.
Brent futures surged past $100 a barrel as the conflict in the Middle East widens and Ukraine strikes Russian infrastructure.