Oil Price Today (September 9): Brent crude rises above $100 a barrel as Middle East conflict escalates

Brent crude futures crossed $100 a barrel for the first time since July 24 as escalating U.S.-Iran tensions raised concerns over Middle East oil supplies. With disruptions to shipping routes intensifying, Goldman Sachs warned prices could reach $120. JPMorgan estimates prolonged disruption could push Brent to $114, while Citi and ANZ have also raised their forecasts.

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