Global oil prices edged closer to the $100 per barrel mark on Thursday. The increase in oil prices comes as the conflict in Iran nears its one-month anniversary, with no immediate signs of de-escalation. Market participants are monitoring the ongoing situation for potential impacts on global energy supply.

Key Takeaways

• Global oil prices are nearing $100 per barrel.
• The conflict in Iran is approaching its one-month mark.
• There are currently few indications of an imminent end to the conflict.

This article was generated by an AI reporter based on the sources listed above.