The price reached $111.40 per barrel as of 1:15 a.m. Moscow time

CHICAGO: Oil prices have eclipsed $100 per barrel for the first time in more than three and a half years as the Iran war hinders production and shipping in the Middle East. The…

The price reached $111.40 per barrel as of 1:15 a.m. Moscow time

By 5:16 a.m. Moscow time, the futures price exceeded $117 per barrel

As of 5:30 a.m. Moscow time, oil was trading at $119.36 per barrel