Archive · 5 Oct 2026

Why Crude Oil Prices Remain Above $100: War Fears

Why Crude Oil Prices Remain Above $100: War Fears

The article says worries about the war are one reason oil prices are still above $100.

The United States and Iran disagree about what it would take to end the fighting.

They are not fighting on the same large scale as they did in the spring.

But they have still exchanged blows at times.

The United States is sending another aircraft carrier and more troops to the Persian Gulf.

Traders are watching these developments.

They may be concerned that the fighting could grow again.

The provided excerpt describes one of the five reasons mentioned in the headline.

Sources