Oil Surges Toward $100 as U.S.-Iran Strikes Rekindle Middle East Tensions

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Source: Crude Oil Prices Today | OilPrice.com
Oil Surges Toward $100 as U.S.-Iran Strikes Rekindle Middle East Tensions
Photo: Crude Oil Prices Today | OilPrice.com
TL;DR Summary

U.S.-Iran strikes rekindle fears of a prolonged Middle East conflict, lifting regional oil benchmarks above $100 amid Hormuz tensions, while rising global bond yields threaten oil demand and potential Fed policy actions add to near-term market uncertainty.

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