Oil Prices Surge Past $100 as Iran Names New Supreme Leader

OilPrice.com - March 8, 2026

Oil Prices Surge Past $100 as Iran Names New Supreme Leader

Oil prices surged in early Asian trading on Monday, breaking above $100 per barrel for the first time in nearly four years as the Iran conflict escalated and Ayatollah Mojtaba Khamenei was chosen as supreme leader. At the time of writing, WTI crude was tradin…

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