Debate With Arnab: Iran vs Israel - World Paying Price For Trump's War? FULL DEBATE

For the first time in almost four years, oil prices rose above $100 a barrel on Sunday due to concerns that the escalating conflict in the Middle East will cause protracted supply interruptions. As markets opened on Sunday night, both crude oil benchmarks—the West Texas Intermediate (WTI) and Brent—rose by more than 15%, reaching levels not seen since the early months of Russia's 2022 invasion of Ukraine. However, US President Donald Trump reiterated the White House's stance that the increase is only temporary, dismissing it as a "small price to pay" to end Iran's nuclear threat.