Urgent: After the failure of war negotiations… oil prices exceed $100 per barrel

Overridden Oil prices $100 per barrel as the US Navy prepares to impose control on ship movement in ‌For Brent crude $7.11, or 7.47%, to $102.31 per barrel by 2204 GMT, after falling 0.75% upon settlement on Friday.
West Texas Intermediate crude recorded $104.43 per barrel, an increase of $7.86, or 8.14%, after declining 1.33% in the previous session.

• For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and Twitter