October 16, 2026
Business

Oil Price Today (March 24): Crude oil reclaims $100 despite Donald Trump postponing attack on Iranian energy. Here’s why(Soban News)

Oil prices climbed Tuesday as supply worries returned. Iran denied talks with the US, contradicting President Trump’s statements. Brent crude rose to $101 a barrel, and WTI to $89.71. This rebound follows Monday’s sharp selloff. Concerns over the Strait of Hormuz, a vital shipping route, persist. Disruptions continue to impact energy infrastructure in the region.

​Oil prices climbed Tuesday as supply worries returned. Iran denied talks with the US, contradicting President Trump’s statements. Brent crude rose to $101 a barrel, and WTI to $89.71. This rebound follows Monday’s sharp selloff. Concerns over the Strait of Hormuz, a vital shipping route, persist. Disruptions continue to impact energy infrastructure in the region. by Soban News (international And National News)

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