Oil Prices Surge Past $100 Again as Strait of Hormuz Crisis Roils Global Energy Markets
Oil prices have once again climbed above $100 per barrel, with energy markets finding little respite amid the most significant disruption to global energy supplies in a generation. Brent crude, the international benchmark, surged more than 9 percent on Thursday as traders assessed the prospect of weeks or even months of turmoil in energy markets due to the war waged by the United States and Israel against Iran. Brent futures, traded outside regular market hours, were priced at $101.13 as of 03:00 GMT.











