At a glance
Global oil prices climbed past $116 a barrel, reaching their highest level in over six months.123
Energy markets have responded to escalating Middle East tensions and growing fears of expanded conflict.123
Investors remain concerned that continued instability in the region could endanger international energy supplies.13
Where sources agree
- Oil prices topped $116 a barrel3 of 3
- Prices reached a six-month high3 of 3
- Middle East tensions unsettled energy markets3 of 3
- Escalating war threatens global energy supplies2 of 3
Who covered this
Sources
Based on reporting from these reputable newsrooms and reviewed by Orbit’s editors. A fact appears only when at least two sources report it. Orbit is not affiliated with these publishers.