Oil tops $100 as Iran attacks offset IEA stockpile release

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Source: The Manila Times
Published: 2026-03-12 15:57 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Iran, Energy, Economy & Finance, China, World News, Business & Economy
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Snippet:
HONG KONG — 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.
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