Oil prices soared on Thursday, extending gains from the previous session amid tanker attacks in Iraqi waters, strikes across Lebanon, and growing fears of prolonged economic disruption.
Brent crude prices last traded up nearly 7 percent at $98.23 a barrel after surging past $100 a barrel early in the day. WTI crude futures were up 6 percent at $92.42 after hitting a high of $95.96 earlier.
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Oil Prices Extend Surge On Iraq Tanker Attacks
2026-03-12 09:27:35
