The oil price surge markets had been fearing is now a reality. Brent crude, the international benchmark, crossed $100 a barrel this week even after the International Energy Agency announced a record 400 million barrel reserve release. As of 2:00 GMT, Brent crude was hovering right at that $100 level, up more than 38 percent … Continue reading Oil Jumps Past $100 as 400M‑Barrel IEA Release Fails Amid Hormuz Disruption