Oil Surges Past $100 as Middle East Supply Fears Escalate

Oil prices rebounded past the $100 threshold for the first time in over two months, driven by escalating concerns over potential supply disruptions from the Middle East. Global benchmark Brent crude gained 2.40% to settle at $100.30 per barrel, while U.S. West Texas Intermediate (WTI) rose by nearly two dollars to reach $95 per barrel