London, March 12, 2026 (AFP) - Oil tops $100 as Iran attacks offset stockpiles release

NAMPA / AFP
2026-03-12
Oil prices soared Thursday, briefly trading above $100, and stock markets extended losses as Iran's attempts to hit supplies in the Middle East offset the release of crude reserves by major economies. Iran has launched a new wave of attacks against Gulf energy targets, as the International Energy Agency said the Mideast war "is creating the largest supply disruption in the history of the global oil market". IEA member countries have agreed to unl......
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