BBC News Oil price passes $100 a barrel for first time since 2022 amid US-Israel war with Iran | BBC News

The benchmark oil price has passed $100 a barrel for the first time since 2022, as the war in the Middle East enters a 10th day.

US President Donald Trump said the “short term” price increase is a “a very small price to pay” for world peace.

Meanwhile, Iran has named Mojtaba Khamenei – the son of Ayatollah Ali Khamenei, who was killed nine days ago by US-Israeli strikes – as its new supreme leader.

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