Crude Oil Near $100 as Middle East Attacks Escalate
Crude oil has once again grabbed global attention. Prices surged back toward, and above, $100 a barrel after new violence and attacks in the Middle East triggered fresh supply fears. We’re watching one of the world’s most important commodities react sharply to geopolitical stress, something markets and everyday consumers feel as energy prices ripple through the economy. As tensions rise, so does crude oil, underlining how fragile global supply chains can be in unstable regions.
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