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Brent Crude Oil Prices Top $100 as Conflict With Iran Drags On

NYT > Business·July 24, 2026
Brent Crude Oil Prices Top $100 as Conflict With Iran Drags On

Brent crude oil prices have surpassed $100 due to ongoing conflict with Iran. The rising oil prices, combined with increasing borrowing costs and concerns about the technology industry, have led to a sell-off in US markets. This downturn has also affected Asian markets, where stocks have declined. Global market worries are escalating as a result of these economic challenges.

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