Oil prices hit $99 per barrel

The price of crude oil has hit $99 per barrel on Tuesday as attacks on Saudi Arabia's energy facilities raised fears of an escalation in the US-Iran war. Brent crude rose 2.23% to hit $99.18 per barrel, and WTI crude rose 3.26% to hit $94.49 per barrel. Saudi Energy Ministry said operations at certain facilities had been halted after strikes.