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Oil Prices Edge Toward $100 | Auckland News

Oil prices are surging back toward $100 a barrel as tensions between Iran and the U.S. escalate, fueled by a recent tanker attack off Saudi Arabia and Trump’s warning of retaliation against any strikes in the Strait of Hormuz. Brent crude hit a six-week high near $96, while WTI climbed to $88 — up from April’s low of $72 after a ceasefire. Though gas prices at the pump remain steady at around $2.89 per liter, experts predict a sharp climb ahead, likely pushing 91-octane fuel past $3 per liter in the coming weeks. Listen in comfort:Get a discount on a Soli Pillow…

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