US-Iran War: Oil Surges Above $110 As West Asia War Disrupts Global Supply | WION

Global oil prices have surged past the $100 mark as the widening conflict in West Asia disrupts supply chains and fuels market uncertainty. Brent crude has climbed above $108–$110 per barrel, driven by fears of prolonged disruption to energy flows.

The escalation, including threats to key shipping routes and energy infrastructure, has raised concerns over tighter supply and rising inflation. Analysts warn that continued instability in the region could push prices even higher, intensifying pressure on global economies.

#oil #energy #middleeast #markets #wion

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