Brent crude passed US$100 a barrel on Wednesday for the first time since July, after US forces destroyed five Iranian tankers and Iran struck back.

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

Brent crude moved closer to $100 per barrel as hopes of a near-term peace deal between the United States and Iran weakened amid...

Renewed fighting stokes fears of deeper disruptions