Oil price tops $100 a barrel again as #Iran steps up attacks on energy facilities #itvnews

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Oil price tops $100 a barrel again as #Iran steps up attacks on energy facilities #itvnews

Oil prices have risen back over the $100 a barrel mark after a series of attacks on energy infrastructure across the Gulf region

It comes after the International Energy Agency agreed to release 400 million barrels of oil into the market to soften the economic blow of the Middle East war

Prime Minister Sir Keir Starmer has vowed that the government will "step in" if companies exploit rising heating oil prices

More than 1,300 people have been killed in Iran since the war began, while 12 people have been killed in Israel. The US has lost seven soldiers, while 634 people have been killed in Lebanon

Date: March 12, 2026