Briefing: Oil holds near $100 as Trump says America ‘has ammunition and plenty of time’ to fight Iran war

WTI crude oil has reached a price point near $100, marking a significant moment in the market influenced by geopolitical factors.

The recent increase in oil prices includes the largest weekly gain since the 1980s, suggesting a strong response to market dynamics and external pressures.

These developments may impact supply chain considerations and operational strategies within the energy sector, as stakeholders assess the implications of sustained high prices.