https://www.live-feeds.com/feed/oil-s-roundtrip-back-to-100-why-china-could-determine-what-happens-nextContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oil-s-roundtrip-back-to-100-why-china-could-determine-what-happens-nexthttps://www.live-feeds.com/feed/oil-s-roundtrip-back-to-100-why-china-could-determine-what-happens-next#u68117Mon, 14 Sep 2026 20:30:33 +0000Global oil prices have climbed above $100 per barrel, with some reports placing the price at $105. This rally is driven by escalating hostilities in the Middle East, specifically attacks on tankers and new strikes targeting Saudi Arabia and the Strait of Hormuz. U.S. crude oil has hit the $100 mark for the first time since May. While prices are set to end the week over $100 for the first time in nearly four months, some indicators suggest the rally is pausing as markets react to producer inflation data.Why it mattersEnergy stability is tied to the security of the Strait of Hormuz and Saudi inf