Brent crude soars above $95 as Middle East war rages

World oil prices soared Wednesday, with main contract Brent North Sea crude surpassing $95 for the first time in nearly six weeks, as the United States and Iran carried out more strikes.

Brent oil jumped 4.4 percent to $95.02 per barrel and the key US contract, West Texas Intermediate, rallied 4.5 percent to $88.16.

AFP