Oil surges above $100 as Brent hits 5% gain

Global oil prices accelerated their rise by 5%, with Brent crude exceeding $100 per barrel.

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Tuesday, 21 April 2026 at 20:32 UTC

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Global oil prices are surging as the diplomatic process between the US and Iran remains stalled with no response from Tehran. Brent crude has now accelerated its growth to 5% and is trading above $100 per barrel for the first time since April 13. The price spike reflects ongoing market anxiety over the geopolitical standoff and its impact on global energy supplies.

Updates · 1

21 AprUkraine Watch

Brent crude exceeded $100 per barrel for the first time since April 13.

e/eineurope · topic · T-04027cycle Tuesday, 21 April 2026 at 20:32 UTC · first reported 21 Apr