Global oil prices cross $100 a barrel as Iran war sends fuel prices surging
ABC NewsLiveVideoShowsGood Morning AmericaShopGMAInterest Successfully AddedWe'll notify you here with news aboutTurn on desktop notifications for breaking stories about interest? That figure marked a roughly 28% increase over the past month, catapulting crude prices to their highest level since May 26.Major stock indexes tumbled on Thursday in response to surging energy costs. The Dow Jones Industrial Average fell 375 points, or 0.7%, while the S&P 500 declined 0.7%.
- ▪ABC NewsLiveVideoShowsGood Morning AmericaShopGMAInterest Successfully AddedWe'll notify you here with news aboutTurn on desktop notifications for breaking stories about interest?
- ▪That figure marked a roughly 28% increase over the past month, catapulting crude prices to their highest level since May 26.Major stock indexes tumbled on Thursday in response to surging energy costs.
- ▪The Dow Jones Industrial Average fell 375 points, or 0.7%, while the S&P 500 declined 0.7%.
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ABC NewsLiveVideoShowsGood Morning AmericaShopGMAInterest Successfully AddedWe'll notify you here with news aboutTurn on desktop notifications for breaking stories about interest? OffOnStream onGlobal oil prices cross $100 a barrel as Iran war sends fuel prices surgingOil prices surged more than 6% on Thursday.ByMax ZahnJuly 23, 2026, 10:36 AM2:22Cargo vessels are seen at one end of the Strait of Hormuz near the coast of Dibba Al Fujairah, United Arab Emirates, July 21, 2026.Stringer/EPA/ShutterstockGlobal oil prices on Thursday crossed $100 a barrel for the first time since May, after Houthi militants in Yemen claimed to have struck two Saudi tankers in the Red Sea.The reported attack, which came alongside continued strikes between the United States and Iran, threatened to worsen an oil…
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