Brent oil prices peaked at nearly $120 per barrel as another energy crisis looms The Iran war has shown that EU sanctions on Russian energy were “strategic blunders,” as oil prices have crossed $100 a barrel for the first time since 2022, Kirill Dmitriev, an investment envoy to President Vladimir Putin, has said. In a series of posts on X from Sunday to Monday, Dmitriev commented on the rise in oil prices by around 50% since the start of the US-Israeli strikes on Iran last month. In one of the