Sept 9 : Brent crude prices surged past $100 a barrel on Wednesday and Wall Street opened lower, as escalating conflict in the Middle East fuelled worries about energy-driven inflation ahead of several major central bank decisions.Brent crude futures rose as much as 3 per cent to a session high of $100.95, br

Brent crude moved closer to $100 as renewed U.S.-Iran tensions and threats to Gulf shipping raised fears of prolonged oil supply disruptions.

Oil prices surge as Brent nears $100 after Saudi energy attacks and Iran-US threats raise fears of supply disruptions through the Strait of Hormuz. | Business News