Live Update
From the Liveblog of
Thursday, March 12, 2026
Brent crude oil again tops $100 a barrel as Iran attacks on shipping worsen supply concerns
The price of a barrel of Brent crude oil, the international standard, tops $100 a barrel early Thursday, just days after it spiked near $120.
Oil prices shoot more than 9% higher as supply concerns worsen with Iranian attacks on commercial shipping around the Strait of Hormuz.
US benchmark crude oil jump to about $95 a barrel.
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