Oil prices rise above $100 a barrel for first time since July as Iran war escalates
OMEGAZEPRIME News
This story was selected and curated by our editorial team in the Business category. Published on September 9, 2026 • Originally reported by Lauren Almeida. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
This story was selected and curated by our editorial team in the Business category. Published on September 9, 2026 • Originally reported by Lauren Almeida. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
Brent crude rises by more than 2% after latest fire between US and Iran in Gulf and Houthi attacks on Saudi cities
The price of oil has risen above $100 a barrel for the first time since July as the escalating conflict in the Middle East threatens further disruption to global supplies.
Brent crude, the international benchmark for oil prices, rose 2.1% past the milestone after tensions stepped up in the Gulf amid the latest tit-for-tat exchange of fire between the US and Iran.
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