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Global oil prices hit $100 a barrel amid attacks in Red Sea

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Global oil prices hit $100 a barrel amid attacks in Red Sea
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MoneyWatch Global oil prices hit $100 a barrel amid attacks in Red Sea .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Mary Cunningham Mary Cunningham Reporter, MoneyWatch Mary Cunningham is a reporter for CBS MoneyWatch. She previously worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program. West Texas Intermediate, the U.S. benchmark, rose to $91.83 a barrel, up 5.8%.

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MoneyWatch Global oil prices hit $100 a barrel amid attacks in Red Sea .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Mary Cunningham Mary Cunningham Reporter, MoneyWatch Mary Cunningham is a reporter for CBS MoneyWatch. She previously worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program. Read Full Bio Mary Cunningham Updated on: July 23, 2026 / 10:16 AM EDT / CBS News Add CBS News on Google Global oil prices topped $100 a barrel on Thursday as the conflict in the Middle East escalated, with Iran-backed Houthi rebels in Yemen targeting shipping in the Red Sea.Brent crude, the international standard, touched $100.64 a barrel at 10:05 a.m ET, reflecting an increase of $6.57, or 7%, according…

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