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Oil jumps 10% on Iran conflict and could spike to $100 a barrel, analysts say

Reuters·Mar 1

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Oil prices have jumped 10% due to conflict in Iran, with some reports indicating they have reached their highest level since the summer of 2024. Analysts suggest that prices could potentially spike to $100 a barrel. The conflict in Iran, which has involved strikes and reportedly affected a Saudi refinery, is causing market uncertainty and potential economic risks.

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Oil jumps 10 percent on Iran crisis and could spike to $100 a barrel, analysts say

TRT World·Mar 1

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Oil jumps 10% on Iran conflict and could spike to $100 a barrel, analysts say

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Oil Jumps 10% on Iran Conflict and Could Spike to $100 a Barrel, Analysts Say