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Oil Prices Surpass $100 - Full Coverage

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Mar 12, 2026 Economy World

Oil Hits $100 Despite Reserve Release, Inflation Alert

1Oil prices topped $100 again despite massive strategic reserve releases.

2Supply concerns persist due to rising tensions in the Middle East.

3Rising oil costs are expected to drive up global inflation and household debt.

Mar 13, 2026 Economy World

1Oil prices topped $100 per barrel as Iran threatened to block the Strait of Hormuz.

2Prices hit a 43-month high, sparking global concerns over oil supply stability.

3Rising fuel costs and inflation are expected to increase the cost of living.