# Brent crude oil rose past 100-dollar a barrel today, hitting a more than six-week high and breaching the symbolic threshold for the first time since July 24 as intensifying conflict in the Middle East heightened concerns about oil flows from the region. Brent crude prices have risen by 25-percent since early last month as hopes fade for a permanent resolution to the six-month-old US-Iranian conflict. Brent has since the start of the war surged as high as 126.41-dollar a barrel, a peak reached on April 30.
Oil breaks through 100 dollar a barrel as the Middle East conflict escalates