Oil prices climbed above the key psychological level of USD100 per barrel on Thursday as escalating tensions in the Middle East raised concerns over possible disruptions to global energy supplies. Brent crude, the international benchmark, jumped more than 5% during the day, with the increase reaching around 6% in some trading.

Brent crude rises above $100 amid Middle East conflict fears. New all-time high by December 31 at 16% YES.

Crude oil prices surged above $94 per barrel on Wednesday, extending their rally to fresh five-week highs as the conflict

NEW DELHI: Global benchmark Brent crude topped the $100-per-barrel mark Thursday for the first time in nine weeks as the renewed conflict between US and Iran in West Asia…