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BREAKING: Oil jumps back above $100 a barrel amid Iran conflict
Posted
March 12, 2026
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2:01Now PlayingThe price of a barrel of Brent crude oil has once again topped $100 per barrel amid the conflict in the Middle East. This comes just days after it jumped to near $120.
Recent Iranian attacks on commercial shipping near the Strait of Hormuz have shaken financial markets and the global economy, worsening supply concerns. The U.S. military operation in Iran is approaching the two-week mark.
LiveNOW's Shawna Khalafi has more details.
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