Iran war sparks record oil price spike as crude oil prices rise by more than 20% to above $100
- Posted on March 9, 2026
- By Daily Mail
- 4 Views
Iran war sparks record oil price spike as crude oil prices rise by more than 20% to above $100

War in the Middle East has caused a record-breaking spike in the price of oil, as the cost of a barrel rocketed to above $100 for the first time in years.