India, Sept. 9 -- Brent crude oil futures crossed $100 a barrel on Wednesday, reaching their highest level in more than six weeks. The price touched $100.19 a barrel during trading. This was the first time Brent went above the important $100 level since July 24. Brent was at $99.93 a barrel, up $2.01, or 2.05%.

US West Texas Intermediate (WTI) crude also rose, gaining $1.49, or 1.60%, to $94.52 a barrel. Reuters reported the rise, linking it to growing fears that the worsening Middle East conflict could disrupt oil supplies.

The main reason behind the latest jump is the intensifying conflict in the Middle East. Investors are increasingly worried that fighting could affect the movement of crude oil from the region. Brent prices have now ...