Oil prices surge above $100 after latest airstrikes on Iran's capital
Oil prices (CL=F, BZ=F) surged far above $100 per barrel over the weekend — getting as high as $116 — after the US and Israel coordinated massive airstrikes on Iran's capital city, Tehran, and the country's key points of infrastructure. Oil prices have settled down but remain above $100 as of Monday morning. Yahoo Finance Breaking News Reporter Jake Conley sits down with Morning Brief Host Julie Hyman and Head of News Myles Udland to talk more about the latest escalations with Iran and the resulting pressures on gas prices (RB=F) and oil supply constraints. To watch more expert insights and analysis on the latest market action, check out more Morning Brief.