Hong Kong, March 12, 2026 (AFP) - Oil tops $100 as Iran attacks offset IEA stockpile release

NAMPA / AFP

2026-03-12

Oil prices soared back above $100 Thursday as Iran's fresh attempts to hit supplies in the Middle East and threats to bring down the global economy overshadowed a record release of strategic crude by the International Energy Agency. As the US-Israel strikes on the Islamic republic approached their third week, the conflict showed no signs of letting up with Tehran responding with more retaliatory attacks across the Gulf. The IEA said Wednesday tha......

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