Commodities
Brent Crude Closes Above $100 for Second Straight Session
A pumpjack extracts oil near Crane, Texas.
Photographer: Matthew Busch/BloombergBrent crude settled above $100 a barrel for the second straight session, ending the day at the highest level in more than three years as the conflict in the Middle East drags on and world leaders struggle to resolve the biggest disruption to the oil market in history.
The global benchmark rose to settle at $103.14 a barrel while US crude futures ended the session near $99 a barrel, the highest since July 2022.