Global oil prices rise

Global oil prices continue to rise amid escalating tensions between the US and Iran. Brent crude has surpassed the $100 per barrel mark, trading around $102. WTI crude is approaching $100, hovering near $97.

Global oil prices are showing steady growth amid escalating tensions between the US and Iran. On Wednesday, September 9, Brent crude surpassed the psychologically important $100 per barrel mark. On Thursday, September 10, it is trading around $102 per barrel. WTI crude is also rising, approaching the $100 mark, and is currently trading around $97 per barrel. The price increase is directly linked to geopolitical instability in the region.