Crude oil prices surpass $100 a barrel as the Iran war impedes production and shipping

Source ABC Local
Original Load Date March 8, 2026, 11 p.m.
Last Updated March 8, 2026, 11 p.m.
Original URL https://abc7chicago.com/post/crude-oil-prices-surpass-100-barrel-iran-war-impedes-production-shipping/18694128/

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CHICAGO -- Oil prices eclipsed $100 per barrel for the first time in more than three and a half years Sunday as the Iran war hinders production and shipping in the Middle East. The price for a barrel of Brent crude, the international standard, was at $107.97 after trading resumed on the Chicago Me...