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U.S. President Donald Trump said on Thursday he would hold ?Iran accountable for any attacks by Yemen's Houthi militants, who ?said this week they ?were imposing a naval blockade on Saudi Arabia.
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It's the first time oil has risen above that benchmark of $100 since late May. Stocks sank under the pressure of rising oil prices, while companies with big fuel bills fell on worries about higher expenses.
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The price of Brent crude, now up about 40 percent this month, surged Thursday after Iran's Houthi allies in Yemen claimed strikes on Saudi tankers.
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Oil prices rose Thursday to their highest level since early June after the latest Iran war escalation threatened severe new disruption to global supplies.
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Kyiv is escalating its air war by striking commercial warehouses, trying to bring the conflict closer to home for ordinary Russians.
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Ukraine has ratcheted up its attacks on Russia's Amazon-style retail giant Wildberries, signaling a new phase in the war.
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The president has attended two previous dignified transfers since the war began; this is the first since he declared the ceasefire over.
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Ukrainian drones have hit several retail warehouses belonging to Russia's biggest online retailer Wildberries in a matter of days.
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The seriously wounded service members are among the roughly 100 American troops that the Defense Department recently said were injured by Iranian attacks since early July.
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