Oil falls 3% to below $100/barrel but eyes weekly rise amid Trump’s threats to Iran — Latest updates
Oil futures fell over 3% due to disruptions in the Red Sea and heightened U.S.-Israeli-Iran tensions. Brent dropped to $97.10, but is on course for a 10% weekly gain, while WTI is set for an 8% increase amidst fears of further supply constraints. Futures contracts for oil slumped by more than 3% today, on 24…