Oil
US Crude Oil Futures Top $100 Amid Middle East Supply Fears and Russian Refinery Disruptio
Friday, October 16, 2026 at 04:39 PM
US crude oil futures surpassed $100 per barrel, driven by concerns over Middle East supply and a disruption at a Russian refinery.
The surge in oil prices reflects ongoing geopolitical tensions in the Middle East and specific incidents impacting refining capacity.
Source
Reported by @AJABreaking on X.
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