Oil Prices Reverse Early Losses as Iran Supply Fears Push Brent to $101, WTI to $94.98

Oil prices have experienced significant fluctuations recently. After falling early in the week, they reversed course sharply. International benchmark Brent crude climbed back above $100 a barrel, near $101, while U.S. benchmark West Texas Intermediate (WTI) hovered around $94.98. This shift came as fresh concerns about oil supply disruptions linked to rising tensions in the Middle East weighed on markets.