The US oil benchmark soared above $100 a barrel as trading opened Sunday, with investors braced for further turmoil after Iran appointed the son of slain leader Ali Khamenei to replace him.
West Texas Intermediate (WTI) jumped 20 percent to $109.17 a barrel, a level not seen since Russia launched its invasion of Ukraine in February 2022, while the international Brent benchmark contract was up 19 percent at $110.35.
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