Mumbai, Sept. 9 -- Brent crude oil breaches $100 per barrel mark for the first time in over six weeks amid escalating tensions between US and Iran. In the latest developments surrounding the Middle East crisis, the US reportedly attacked Iranian oil tankers in the Gulf of Oman and near Kharg Island. Iran responded by firing over 30 missiles at US forces stationed at the Al Azraq base in Jordan. The escalation has heightened concerns over further disruption to global oil supplies, particularly around the Strait of Hormuz. The counter is currently holding at $100.55, per barrel, up 2.55% on the day.
Published by HT Digital Content Services with permission from Capital Market....