U.S. Oil Prices Surpass $100 Amid Conflict with Iran

U.S. oil prices have closed above $100 per barrel, marking a significant milestone since the onset of the conflict involving the U.S., Israel, and Iran. Bloomberg posted on X, highlighting the impact of geopolitical tensions on the energy market. The escalation in hostilities has raised concerns over potential disruptions in oil supply, contributing to the surge in prices. Analysts are closely monitoring the situation as it unfolds, with implications for global energy security and economic stability. The market response underscores the sensitivity of oil prices to geopolitical developments, particularly in regions critical to global supply chains.