Oil Prices Surge Past $100 as Middle East Tensions Rise

The price of oil has surged past $100 a barrel after a wave of attacks in the Middle East. The increase is attributed to concerns over global supply and the impact on major oil-producing nations.

Oil prices have been volatile in recent weeks, but this latest spike marks a significant milestone. Brent crude, which is often used as a benchmark for international oil prices, has risen above $100 per barrel.

The Middle East attacks are likely to exacerbate concerns over global supply, particularly given the region's significance in oil production.