Crude oil rockets past $100 as markets lose hope for a quick resolution in Iran

Crude oil rockets past $100 as markets lose hope for a quick resolution in Iran The price of Brent crude oil, the global benchmark, surged well past $100 when energy markets opened on Sunday. Crude oil was last in the triple digits in 2022, after Russia invaded Ukraine. The average gasoline price in the U.S. has already jumped about 50 cents in a week, from just under $2.98 to $3.45, according to AAA. Patrick de Haan, the petroleum analyst for the app GasBuddy, says gasoline is likely to hit a $4 national average this week. In the days immediately following the U.S. and Israel's attacks on Ira

Crude oil rockets past $100 as markets lose hope for a quick resolution in Iran The price of Brent crude oil, the global benchmark, surged well past $100 when energy markets opened on Sunday. Crude oil was last in the triple digits in 2022, after Russia invaded Ukraine. The average gasoline price in the U.S. has already jumped about 50 cents in a week, from just under $2.98 to $3.45, according to AAA. Patrick de Haan, the petroleum analyst for the app GasBuddy, says gasoline is likely to hit a $4 national average this week. In the days immediately following the U.S. and Israel's attacks on Ira