WTI Crude Settles Above $100 for the First Time Since 2022 as the Energy Crisis Enters Its Second Month
U.S. West Texas Intermediate crude settled above $100 per barrel for the first time since 2022 on Thursday, joining Brent crude in triple-digit territory and confirming that the Hormuz crisis has become a global rather than purely Asian energy event. WTI jumped almost 12% during the session to trade at $112.06, while Brent surged approximately…