Oil Price Tops $100 as Middle East Conflict Intensifies
The oil price has surged past $100 per barrel as renewed conflict in the Middle East weighs on markets.
This comes after a series of developments, including clashes between Israel and Palestine, which have heightened tensions in the region.
The Brent crude price rose to $97.92, while gold also saw an increase, up 1.1% to $4,401.27 per ounce.