Oil prices surged past $100 per barrel on Sunday, the first time crossing that mark since Russia’s 2022 invasion of Ukraine, as investors worried that the war in Iran would mean prolonged restrictions on Middle Eastern oil flows.

Oil prices have eclipsed $100 per barrel for the first time in more than three and a half years as the Iran war hinders production and shipping in the Middle East. The price for a barrel of Brent crude,

The Justice Department said Monday that it has tentatively settled its antitrust lawsuit against Ticketmaster and parent company Live Nation Entertainment, striking a deal to ultimately lower ticket prices for consumers and end an illegal monopoly over live events in America.

Donald Trump said the war with Iran would end “very soon”, but indicated to reporters it would not be within the next week. Earlier on Monday, the president told CBS the conflict with Tehran “very complete,

World shares tumbled on Monday, with Japan's benchmark Nikkei 225 index plunging more than 5%, after oil prices spiked at nearly $120 a barrel.

Oil prices jumped to as high as $119 a barrel, the highest since 2022, as concerns over global oil supply ripped through markets. Prices later fell back to below $100 after G7 finance ministers said the group ‘stands ready’ to release petroleum from emergency reserves Nato air defences shot down a ballistic missile which entered Turkish airspace,

The Group of Seven major industrialized powers have decided against using strategic reserves for now to counter the impact on oil prices from the Iran war. French Finance Minister Roland Lescure

The Iran war has upended oil production and shipping across the Middle East, straining energy supplies worldwide