The price of Brent crude oil briefly surged past $126 US a barrel overnight — the highest since March 2022 — before coming back down. Before the Middle East war began in late February, Brent crude was trading around $70 per barrel. »»» Subscribe to CBC News to watch more videos: http://bit.ly/1RreYWS For breaking news, video, audio and in-depth coverage: https://www.cbc.ca/news Follow CBC News on TikTok: https://www.tiktok.com/@cbcnews Subscribe to CBC News on Snapchat: https://bit.ly/3leaWsr