Oil is plowing towards Wall Street's dire $100-per-barrel scenario for markets and the economy
Donald Trump
The market has one thing on its mind this week: How much higher can oil prices climb? Crude prices have ripped higher all week as the war with Iran continued, sparking concern among investors that there could be serious consequences for the economy if oil stays elevated. Brent crude , the international benchmark, rose more than 6% to top $90 a barrel on Friday, its highest level since 2024, as investors digested Iran's recent attack on an oil tanker and Donald Trump's latest comments signaling
din zilele anterioare