Taken from CNBC’s Daily Open, our international markets newsletter — Subscribe today Crude oil finally did what analysts have been warning about in the past week: it blew past $100 per barrel on Sunday as Iran continues its closure of the critical Strait of Hormuz. It was the first time crude crossed the $100 mark since Russia invaded Ukraine in 2022. By early Monday, West Texas Intermediate was off highs but still up 12% at $102 a barrel. Global benchmark Brent was trading around 15% higher at