NEW YORK, United States — Oil prices surged above $100 a barrel for the first time in nearly four years on Sunday over worries that the spiralling Middle East war could create prolonged supply disruptions. Both crude oil benchmarks, the West Texas Intermediate (WTI) and Brent, jumped by over 15 percent as markets opened Sunday evening, touching levels not seen since the early months of Russia’s 2022 invasion of Ukraine. READ: Iran says can fight for months as Israel strikes Beirut hotel US President Donald Trump, however, dismissed the spike as a “small price to pay” to eliminate Iran’s nuclear […]... Keep on reading: Oil soars above $100 a barrel as Trump defends Iran war decision