LONDON – The price of Brent North Sea oil, the international benchmark, topped US$100 a barrel on Sept 9 for the first time since the end of July, as fresh flare-ups in the Middle East war stoked supply concerns. Brent jumped more than 2 per cent to US$100.19 a barrel, adding to worries about high inflation, before pulling back slightly to US$99.90. With the US-Iran conflict now in its seventh month and showing no sign of calming despite White House claims of an imminent deal, investors are growing increasingly anxious that the Federal Reserve will have to hike interest rates…
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