Oil prices jumped more than 3% today, pushing international Brent crude past the $100 threshold for the first time since July as salvos between the U.S. and Iran escalated.

President Donald Trump said energy prices that have been elevated due to the Iran war will not come down until after the midterm elections.

Oil prices jumped more than 3% today, pushing international Brent crude past the $100 threshold for the first time since July as salvos between the U.S. and Iran escalated.