Brent Crude Oil Crosses $107 Amid Gulf War Tensions

Brent Crude Oil Crosses $107 Amid Gulf War Tensions

Escalating tensions in West Asia continue to unsettle global oil markets, with fears of US ground operation against Iran driving crude oil prices sharply higher. Brent crude climbed to $107.92 per barrel, while US crude reached $102.57. Adding to concerns, Russia's decision to halt petrol exports from April 1 has also intensified supply worries.