
Oil surges 6%, Brent and US crude both surpass $100 on more tanker attacks
(Investing) – NEW YORK – Oil prices jumped 6% on Thursday, with both major benchmarks trading at over $100 a barrel as the biggest spike in attacks on shipping since the Iran war began fed worries among traders about further disruptions to already tight supplies. Brent crude futures hit their highest since mid-May, rising $5.87, or 5.8%, to $107.08 a barrel by