Oil Surges Past $100 Per Barrel Amid Middle East Attacks

The price of oil has surged past $100 per barrel for the first time in nearly six weeks due to recent attacks on Middle Eastern oil facilities and ships, which have put further strain on an already weakened supply chain.

Brent crude, the international standard, jumped by nearly 3% to $100.72 early on Wednesday, according to AP Business Writer Cathy Bussewitz's report.

The attacks in the Middle East have caused significant disruptions to global oil supplies, exacerbating existing concerns about the impact of rising tensions in the region on the world's energy markets.