New Business
Thursday, 7/23, 07:40 PM
Oil briefly tops $100 a barrel as the Iran war flares, and gas nears $4.10
- Brent crude crossed $100 on Thursday morning before easing to $99.70, up about 28 percent in a month and the highest since May.
- The trigger: Houthi strikes on two Saudi tankers, renewed U.S.-Iran fighting, and a U.S.
- blockade of the Strait of Hormuz, which carries a fifth of the world's oil.