Brent oil spiked to $107 a barrel, before paring some gains, as rising tensions in the Middle East heightened concerns over global supplies.The global

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

The global crude oil price is rising towards $100 per barrel as renewed fighting in the Middle East heightens fears of supply disruptions. Read more.