Oil Price Spike: A Flicker in a Volatile Landscape The oil price has breached the $100 barrier for the first time since July, a reminder that even amidst uncertainty, some constants remain.
The conflict in the Middle East continues to simmer, with both the US and Iran engaging in tit for tat exchanges of fire. This anxiety in the markets has pushed Brent crude prices up by 2.
1%, marking a significant milestone. This development is not entirely unexpected.